Gold surges to one-year high on fears of financial uncertainty
Spot gold jumped as much as 3.6 percent to $1,240.90 an ounce, its highest since February 2015
LONDON (Reuters) - Gold surged nearly 4 percent on Thursday to its highest in a year as fears about financial instability, a lower dollar and U.S. Treasury yields persuaded investors to seek refuge in the precious metal.
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