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Gold $3,674.70 $(15.12) -0.41% Silver $41.77 $(0.78) -1.84% Platinum $1,366.66 $(31.14) -2.23% Palladium $1,155.01 $(23.11) -1.96%

Gold rises as safe-haven demand, rate cut bets keep prices elevated

Gold rises as safe-haven demand, rate cut bets keep prices elevated

Jan 15 (Reuters) - Gold prices advanced on Monday, as the metal's appeal was boosted by safe-haven demand owing to tensions in the Middle-East, while markets raised bets that the Federal reserve will cut rates sooner than expected.

Spot gold was up 0.3% at $2,053.51 per ounce, as of 1320 GMT. U.S. gold futures rose 0.3% to $2,058.00, with trading expected to be low due to the Martin Luther King Day holiday...[LINK]

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