Gold futures settle at their highest in nearly 2 weeks

Gold futures climbed Monday, with prices finding support from a decline in Treasury yields to mark the highest settlement for a most-active contract since March 2, FactSet data show. Prices also notched their fourth gain in five sessions. Investors await the outcome of the Federal Reserve’s Open Market Committee meeting for further cues on gold's outlook. The meeting begins Tuesday and ends with a statement on monetary policy Wednesday. April gold rose $9.40, or nearly 0.6%, to settle at $1,729.20 an ounce.

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