Bullion
for April delivery added as much as 1.7 percent, the most since Jan.
30, to $1,221 an ounce on the Comex in New York. It was at $1,217.70 by
10:13 a.m. in London, after touching a six-week low of $1,197.20 on
Wednesday.
Futures
trading volume was 40 percent below the 100-day average for this time
of day, according to data compiled by Bloomberg. Gold for immediate
delivery climbed 0.4 percent to $1,217.78 in London, according to
Bloomberg generic pricing.
Holdings
in gold-backed exchanged-traded products rose for the first time in a
week, adding 0.1 metric ton to 1,670.4 tons as of Wednesday, data
compiled by Bloomberg show. Assets reached a four-month high on Feb. 9.
Silver
for March delivery advanced 2 percent to $16.585 an ounce in New York,
after dropping to the lowest since Jan. 9 on Wednesday. Platinum
increased 1 percent to $1,178.50 an ounce, rebounding from the lowest
since 2009. Palladium was little changed at $776.50 an ounce.
Source: Bloomberg
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