Golds Biggest Monthly Rise Since January 2012
LONDON: Gold edged up on Tuesday, building on its biggest monthly gain in four years, as concerns over the global economy after downbeat data from China, the European Union and the United States fuelled interest in the metal as a haven from risk.
Spot gold was up 0.1 per cent at $1,238.66 an ounce at 1442 GMT, while US gold futures for April delivery were up 0.4pc at $1,239.60. Silver was flat at $14.87 an ounce, while platinum was up 0.8pc at $936.26 an ounce and palladium was up 4.2pc at $511.02 an ounce.
Palladium is rallying after underperforming other precious metals last month, easing 1.2pc while gold climbed 10.7pc, its biggest monthly rise since January 2012.
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