Gold inched up on Thursday ahead of a European Central Bank meeting that could set the tone for the euro, while platinum and palladium held near their highest levels in 17 months on hopes of a better economic outlook. Gold hit an intraday high at $1,680.95 as buying interest resurfaced before the Lunar New Year break in Asia and ahead of the ECB meeting. It later stood at $1,677.41 an ounce by 0721 GMT, steady from the previous session.
Platinum was up $3.76 an ounce at $1,736.50 after rising to $1,740 on Wednesday, its strongest since September 2011. Palladium was little changed at $761.00 an ounce after hitting a high of $769.50 in the previous session, also its peak since September 2011.
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