LONDON: Gold climbed on Monday to its highest level in more than seven weeks on buying fuelled by political uncertainty after US President-elect Donald Trump’s comments on NATO and the “One China” policy. Spot gold was up 0.5 percent at $1,203.31 an ounce at 1302 GMT from an earlier $1,207.86, it highest since Nov. 23. US gold futures were up 0.6 percent at $1,203.20 per ounce. Last week Trump said the “One China” policy on Taiwan was up for negotiation. China retaliated by saying it would “take off the gloves” and act strongly if US President-elect Trump continues to “provoke” once he assumes office. His comments on NATO being obsolete have also made investors nervous. “There’s the tussle between China and the US over Taiwan. Trump has been talking to Taiwan, which the Chinese don’t like. His comments on NATO are seen as negative,” said Julius Baer analyst Carsten Menke. Investor interest can be seen in the largest physically backed exchange traded funds, New York’s SPDR Trust, whose holdings rose for the first time since Nov. 9, the day after Trump won the election.