U.S. gold futures for June delivery settled up 2.4 percent, at $1,203.20 an ounce
Gold surged above $1,200 an ounce Monday since January, amid market reports surrounding a deal between Venezuela and Citigroup to swap $1 billion in cash for part of the country's gold reserves.
Spot gold was up 2.1 percent at $1,203.30 an ounce at 2:56 p.m. EDT (1856 GMT), well above the prior session's five-week low. U.S. gold futures for June delivery settled up 2.4 percent, at $1,203.20 an ounce.
Spot gold was up 2.1 percent at $1,203.30 an ounce at 2:56 p.m. EDT (1856 GMT), well above the prior session's five-week low. U.S. gold futures for June delivery settled up 2.4 percent, at $1,203.20 an ounce.
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