Gold rises 1.5%

New York, January 5 / WAM / Gold rose more than 1% today, Monday, while other precious metals rose as demand for safe haven assets increased.

As of 0119 GMT, gold rose in spot transactions by about 1.5% to $4,395.35 per ounce, rising to its highest level in more than a week.

US gold futures for February delivery rose 1.8% to reach $4,405.40.

As for other precious metals, silver rose in spot transactions by 4.5% to reach $75.86 per ounce, platinum in spot transactions rose by 1.5% at $2175.15 per ounce, and palladium rose 0.4% to $1645.0 per ounce.

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