Gold rose 1 per cent to $US1675 an ounce on Thursday, notching its biggest one-day gain in 2013, as signs that the European Central Bank will not cut interest rates any time soon boosted bullion buying.
Platinum group metals (PGMs) also climbed 2 per cent as encouraging Chinese export-growth data triggered broad gains in industrial commodities and equities. Recent improvement in US vehicle sales also boosted demand for the PGMs largely consumed as autocatalytic converters, traders said.
