Gold heads for monthly gain on best Palladium run since 2010

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Gold spot was 0.3% higher to $1,730.90 an ounce during Singapore trading hours on Friday. This increase sets gold price for 0.5% monthly gain in November, as holdings in exchange traded funds reached the highest point ever, 2,619.44 metric tons. Palladium is ahead of 14% rally in this month, the best run since December of 2010. Precious metals advance on concerns that U.S. government will not manage to deal on the fiscal cliff issue.

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