Gold posted mild gain, balancing between US easing speculation and potential demand slump in India. The Indian government is considering raising gold import duty to lower the current account deficit.
Silver jumped on hopes that the Fed will embark on asset-purchasing program to boost faltering economy. However, strong greenback capped the upswing of the white metal.
Platinum soared on news that South African miners are likely to face serious labour disputes as tensions between unions, mining companies and the government are escalating.
Palladium rose, tracking strong performance of the base metals. Sending palladium higher, vehicle sales across the globe have started to improve recently.