Gold Jumps Nearly 4%

Gold Jumps Nearly 4%

As fears of financial instability, a lower dollar and US Treasury yields dwell on investors, many are turning to gold as an alternative. According to reports, gold surged nearly 4 percent on Tuesday. “Spot gold jumped as much as 3.6 percent to $1,240.90 an ounce, its highest since February 2015, and was up 3 percent at $1,233.70 at 1254 GMT. It is on track for its biggest daily rise since Dec. 1, 2014.”

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