Gold posts biggest daily gains since November

2 February 2010  Reuters

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Gold rose 2 percent on Monday, posting its biggest daily gain in three months, as a combination of oil rally, dollar weakness and strong U.S. data boosted bullion's investment appeal.

Platinum and palladium climbed to their highest in a week after ISM data showed that U.S. manufacturing expanded for the sixth straight month in January, and as metals holdings in U.S. exchange-traded funds reported strong inflow.

http://www.reuters.com/article/idUSTRE5B10OV20100201