Gold jumped more than 1% on Monday to its highest since October 2012 after a batch of weak data knocked hopes for a speedy global economic recovery while auto-catalyst palladium surged to a three-week high.

Spot gold was up 1% at $1,758.55 an ounce by 09:31 GMT and U.S. gold futures rose 0.8% to $1,770.70.

Among other precious metals, palladium was up 2.9% at $1,956.13 an ounce after gaining more than 9% in early trade.  Platinum rose 1.5% to $809.68 an ounce, while silver jumped 3.9% to $17.27.

Source : Reuters