Gold Finishes at Highest Level in Two Weeks

Gold futures resumed gains on Monday, after declining on Friday, opening the week with a positive performance and settling at their highest level since the beginning of the month.

A decline in Treasury bond yields in the United States and anticipation for the upcoming central bank meeting in the U.S., as well as Britain and Japan provided some support for the yellow metal, which recorded a 1.3% rise last week.

Gold futures for April delivery gained $9.40, or 0.6%, to close at $1,729.20 per ounce, its highest closing level since March 2.