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Gold $2,055.26 $11.25 0.55% Silver $22.70 $0.03 0.13% Platinum $872.76 $(6.57) -0.75% Palladium $938.19 $(1.55) -0.16%

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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