“………Gold for immediate delivery added 0.1 percent to $1,577.77 an ounce by 9:49 a.m. in London. Prices, which slipped 0.3 percent last week, gained as much as 0.6 percent and fell as much as 0.2 percent today. Futures for April delivery rose 0.3 percent to $1,577 on the Comex in New York. Futures trading volume was 13 percent above the average in the past 100 days for this time of day.
Bullion rallied the past 12 years as nations from the U.S. to China pledged more stimulus to bolster economic growth. The metal is down 5.8 percent this year and fell for a fifth month in February, the longest run of declines since 1997. Investors sold the most ever from exchange-traded products last month, and the 2,506 metric tons now held is 4.8 percent below the Dec. 20 record, data compiled by Bloomberg show.
Silver for immediate delivery added 0.5 percent to $28.7388 an ounce in London. It’s down 5.3 percent this year and reached $27.9631 on March 1, the lowest since Aug. 20. A close at $28.007 would be a 20 percent drop from Oct. 4, the common definition of a bear market.
Palladium was down 0.6 percent at $719.43 an ounce. Platinum rose 0.3 percent to $1,577.10 an ounce. It fell to a seven-week low of $1,564.40 on March 1.”
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