Gold jumps in Asia

Gold rose to a one-week high on Wednesday, extending gains from the previous session, as upbeat economic data from the United States and Germany boosted market sentiment and a weaker dollar lent support. Spot gold rose as much as 0.9 percent to a one-week high of $1,628.3 before easing slightly to $1,627.89 an ounce by 0714 GMT. It rallied 1.3 percent in the previous session.
US gold gained 0.8 percent to $1,630.20. Spot platinum hit a one-week high of $1,441.50 and eased to $1,440, up 0.8 percent from the previous close. Spot palladium also rose 0.8 percent to $628. Spot silver edged up 0.4 percent to $29.63 an ounce.