Spot gold rose to $1,302.40 an ounce, its highest since Nov. 8. It was last up 0.9 percent at $1,301.79 an ounce by 3:33 p.m. EST (2033 GMT).
U.S. COMEX gold futures for April delivery settled up $5.10 at $1,300.10 an ounce. Trading volume was about 35 percent below its 30-day average, preliminary Reuters data showed.