The metal rose to near the strongest level since 2008 as traders assessed the possible impact of a potential easing of geopolitical tensions over Ukraine.
While rising interest rates bring macroeconomic headwinds for equity valuations, gold has had a special relationship with interest rates in recent hikes.
The document, which has yet to be approved by Congress, will see First Quantum pay $375 million a year plus a royalty of 12% to 16% of the mine's gross profits.
The strategy aims to help workplaces comply with workplace health and safety laws and standards to keep workers safe, focusing on occupational illnesses, employee mental health, workplace violence, and harassment.