Gold hits its biggest percentage increase since 2009.

Gold futures rose 6.1% to slightly above $4,900 per ounce, and the price of gold is expected to reach the key level of $5,000 per ounce again. This is the largest percentage increase for gold contracts since March 2009. This also marks the end of a two-day decline; last week, after briefly surpassing $5,400 per ounce, the price of gold fell back below the $5,000 per ounce level. ADM Investor Services stated in a report that some investors who took profits on gold last week believe that now is a good opportunity to buy back into this precious metal. Silver also saw a significant increase, with near-month contracts rising 8.2% to $83.042 per ounce.