Gold jumped to a 3-month high, reversing from  early losses after bullish technical factors triggered fund buying while platinum prices hit their highest in 5-months on supply worries.  Gold holdings of SPDR gold trust, the largest ETF backed by the precious metal, increased to 1,281.59 tons, as on Feb 21.

Silver holdings of ishares silver trust, the largest ETF backed by the metal, declined to 9,570.57 tons, as on Feb 21.

The dollar index, which measures the US unit against a basket of six major currencies, advanced to 79.197 from 79.023 in North America late Tuesday.

Copper prices declined, paring the previous session's sharp gains as confidence was rattled by weak export and manufacturing data from top consumer China and uncertainty over Greece's ability to implement tough reforms aimed at cutting its debt. Copper futures for Dec. delivery closed slightly lower at $3.8425 per pound on the COMEX division of the New York Mercantile Exchange.

Souce: Mangal Keshav