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Gold prices climbed 1% to their highest level in a year after North Korea’s 6th, and the most powerful nuclear test drove investors towards safe-haven assets.

North Korea’s sixth and the most powerful nuclear test drove the investors towards safe-haven assets. As a result, the market saw a steep rise in silver and gold prices. North Korea may carry out more missile tests soon. More worries spread across the global market as South Korea declared that they talked with the United States about deploying aircraft carriers and bombers at the Korean peninsula.

After the missile test last week and the advanced Hydrogen bomb test suitable for long-range missiles by North Korea, Silver prices also soared by 1.11% to $17.88 an ounce, which is the highest since last April at $17.90. Experts are predicting that silver will cross $18 soon. Gold has also surged up 0.72 % at $1,334.10, an ounce highest since last September at $1,339.47. The United States gold futures for December delivery were up at $1,339.20. The target for spot gold was around $1,375 in the same range after the Brexit vote last year.