| Gold has risen to a three-month high, extending its recent rally on worries about global economic growth and hopes for easier monetary policy after weak factory data in Asia and Europe. China's official measure of manufacturing in January fell to the lowest since mid-2012, while factory growth across the eurozone slowed.
"That China data was disappointing, very weak in both manufacturing and non-manufacturing, which coupled with the ongoing turmoil on global markets and uncertainties about growth going forwards have helped gold to get above the $US1,115/20 resistance level," said Robin Bhar, head of metals research at Societe Generale in London...............................................Full Article: Source
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