Golden Investment Research (P) Limited
``Gold rose more than 1% to a three-week high on Tuesday, rallying with the stock market on optimism towards the global economy after a bullish forecast by aluminum maker Alcoa and on upbeat US economic forecasts. Silver rallied over 3% and platinum group metals also gained after Alcoa Inc`s revenues beat expectations and the company gave a positive outlook for global aluminum demand, especially in the automotive markets. US gold futures for February delivery settled up USD 23.40 an ounce at USD 1,631.50. Spot silver rose 3% to USD 29.86 an ounce. Holdings of the largest gold-backed exchange-traded-fund, SPDR Gold Trust and that of the largest silver-backed ETF, iShares Silver Trust remained unchanged on Tuesday,`` www.goldennifty.com
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