Singapore, November 09 (QNA) - Gold prices rallied more than 1% on Monday, extending their recent advance as investors awaited US inflation data for fresh clues on the outlook for interest rates and the Federal Reserve's monetary policy.
Spot gold climbed 1.6% to $4,129.69 an ounce, while US gold futures for December delivery advanced 1.6% to $4,139.
The gains build on a strong run for the precious metal, which jumped about 5% last week as market sentiment remained supportive.
Elsewhere in the precious-metals complex, spot silver advanced 2.8% to $53.31 an ounce. Platinum added 1.6% to $1,556.14, while palladium gained 2.1% to $1,044.28. (QNA)