US gold rose to its highest in nearly three months on Wednesday despite a dollar rise, as fund buying, physical demand and technical support lifted the metal above $1,150 an ounce. COMEX June settles up $17, or 1.5 percent, at $1,153 an ounce. Range $1,133.30 to $1,154.20 - loftiest since January 12. Benchmark 10-year yield has risen about 30 basis points over a two-week period to just below 4 percent on Tuesday.
GOLD: COMEX gold final volume at a modest 138,241 lots. Spot gold was at $1,148.25 at 3:33 pm EDT (1933 GMT), compared with $1,133.20 late in New York's previous session.
SILVER: COMEX May silver ends up 26.8 cents, or 1.5 percent, at $18.199 an ounce as the white metal rises to its highest since January. Range $17.920 to $18.260 - firmest since January 20. COMEX gold final volume 34,421 lots. Spot silver at $18.11, versus $17.88 late in the prior session.
PLATINUM: July finishes up $18.70, or 1.1 percent, at $1,723.20 an ounce on better investment demand amid economic optimism.
PALLADIUM: June closes up $3.85 at $512.35 an ounce as the market turns higher on broad-based precious metals gains. Spot palladium at $505.50 an ounce.