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Gold $5,163.80 $84.44 1.66% Silver $84.37 $2.13 2.59% Platinum $2,142.20 $17.6 0.83% Palladium $1,616.95 $(10.57) -0.65%

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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