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Gold $4,473.46 $(21.51) -0.48% Silver $80.05 $(1.16) -1.43% Platinum $2,359.70 $(87) -3.56% Palladium $1,774.95 $(61.65) -3.36%

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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