Following the modest pullback seen during last Thursday's session, the price of gold showed a substantial move back to the upside during trading on Monday.
Gold for April delivery skyrocketed $97.50 or 3.0 percent to a new record closing high of $3,406.20 an ounce after dipping $17.90 or 0.5 percent to $3,308.70 an ounce in the previous session.
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