By Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- Gold futures climbed back above $1,600 an ounce Monday, as declines in Asian stock markets following news of North Korean leader Kim Jong-il helped buoy safe haven demand for the precious metal. Gold for February delivery GC2G +0.20% rose $3.50, or 0.2%, to trade at $1,601.40 an ounce. March silver SI2H -1.91% , however, pulled back after gains on Friday, trading 57 cents, or 1.9%, lower at $29.10 an ounce.
