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Gold $4,123.41 $12.81 0.31% Silver $58.97 $(0.82) -1.38% Platinum $1,654.17 $22.36 1.37% Palladium $1,135.95 $15.15 1.35%

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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