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Spot gold advanced 1.2 percent to $5,163.60 per ounce by 02:10 GMT, marking its strongest level in over three weeks. Meanwhile, US gold futures for April delivery increased 2 percent to $5,184.90.
Other precious metals also posted gains. Spot silver surged 3.1 percent to $87.10 per ounce, reaching a more than two-week high. Spot platinum rose 1.2 percent to $2,182.60 per ounce, while palladium edged up 0.5 percent to $1,753.75.