Mon, 03 Feb 2014 12:28:03 GMT
Gold rises as demand for haven increased
Gold increased on Monday trading session recording its first monthly jump since August as demand for save-haven assets spurred after equity markets increased offsetting a drop in physical purchases in Asia as the Lunar New Year began. Bullion for February settlement advanced 0.2% to $1,247.21 an ounce and was last seen at $1,246.15 as of 3 p.m. Singapore time.