By Claudia Assis
SAN FRANCISCO (MarketWatch) — Gold futures ended 1% higher on Monday, but copper stole the spotlight by settling 7% higher as investors cheered news a gauge of China manufacturing rose to a five-month high. Gold for December delivery /quotes/zigman/661658 GC1Z +0.24% added $16.20 to settle at $1,652.30 an ounce on the Comex division of the New York Mercantile Exchange. December copper /quotes/zigman/635638 HG1Z +1.26% rallied 23 cents to end at $3.45 a pound. That’s copper highest settlement in a little more than a month.