(Bloomberg) -- Gold climbed to the highest level in a month on speculation that the Federal Reserve will slow the pace of cuts to stimulus after U.S. payrolls increased less than analysts forecast. Silver, platinum and palladium rose.
Bullion for immediate delivery advanced as much as 0.6% to $1,255.45 an ounce, the highest price since Dec. 12, before trading at $1,251.75 by 10:36 a.m. in Singapore. Prices rose 0.9% last week. Gold for February delivery increased as much as 0.7% to $1,255.30 an ounce on the Comex in New York, also the highest since Dec. 12.
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