Gold futures rose 9.7% through 14 February after prices crashed 28% in 2013.
US gold futures surge over 4% as economic uncertainty impacts prices.
China imported and produced more gold in 2013 than its consumers bought.
Gold prices settle above 100-day moving average on 11 February.
Yellen's testimony to be released at 13:30GMT and hearing to begin at 15:00GMT.
US gold futures gain 1.9% and poised for further rise as safer investment option.
Glencore Xstrata and Australian miner Indophil are partners in Tampakan mining project.
Gold prices set to rise as funds could move from weakening shares to bullion.
MSCI emerging stock index drops 1.6% on the day.
India Finance Minister P Chidambaram says gold import curbs will remain.
Pakistan's Finance Ministry says ban will last for 30 days.
Chinese shoppers likely to buy more gold ahead of Chinese New Year at month's end.
Downbeat US labour market data could prompt Fed to ease pace of stimulus taper.
About 150 to 200 tonnes of gold potentially smuggled into India in 2013.
S&P GSCI and Dow Jones-UBSCI to raise their allocation to precious metals next week.
However, gold remains on track to log its first annual decline in 13 years.
Stronger dollar will make greenback more attractive than gold.
Gold prices drop 3.3% on 19 December.
Mumbai's Zaveri Bazar puts gold purchases on a single day at 24 tons.
Analysts expect gold prices to fall to $1,100 an ounce in a year and below $1,000 in five years.
The world's top importer of gold posts a 138% increase in gold and silver imports in April.
Cypriot central bank has earlier denied reports of gold sale.
Huge gold and crude oil imports are the major factors for India's widening current account deficit.
Cyprus bailout concerns contribute to the continued weakness of gold as precious metal dips below $1,400 for the first time since March 2011.
Anonymous political graffiti artist reported to have died from poisoning or suicide.
Scientists at Manchester University say ultra-thin substance could have applications in the medical, security and aviation industries