Gold added 0.1% as the ECB is likely to take steps to reduce borrowing costs of Spain and Italy. Sending gold higher, Eric Rosengren, Boston Fed president, said that the Fed has to embark on fresh asset purchasing program to facilitate economic recovery.
Silver appreciated on global easing hopes. However, profit-taking after several days of gains limited the upswing.
Platinum moved higher in line with gold and silver. However, overall weakness of the platinum industry continued to weight on the metal.
Palladium drew strength from positive performance of the base metals. At the same time, disappointing Germany's factory orders data capped the upward trend.