April gold GCJ6, -0.42% jumped $40.20, or 3.5%, to settle at $1,197.90 an ounce to register its best single-session point and percentage gain since December 2014. The metal also ended at its highest settlement since June 19, 2015, when gold finished at $1,201.90.
Gold futures have now gained roughly 13% year to date.
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