Gold futures for April delivery jumped to as high as $575.20 an ounce on the New York Mercantile Exchange, this is the highest futures level since January 1981.
The price of gold soared $4.50 at $575.10.
Gold prices climbed as Iran appeared closer to a referral to the United Nations' Security Council amid concerns about the nation's recently resumed nuclear-research program, according to MarketWatch.
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Gold Surged To 25yr High
This is the highest futures level since January 1981
