Gold jumped back above the 1,300-U.S.-dollar level on Monday amid renewed tensions between Washington and Pyongyang.

The most active gold contract for December delivery rose 14 dollars, or 1.08 percent, to settle at 1,311.50 dollars per ounce.

U.S. President Donald Trump has "declared a war" on the Democratic People's Republic of Korea (DPRK), DPRK's Foreign Minister Ri Yong-ho said on Monday.

U.S. Department of Defense said that U.S. Air Force B-1B Lancer bombers and F-15C Eagle fighter escorts on Saturday flew in international airspace over waters east of the DPRK.