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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 as soon as March. Spot gold was up 0.

ET GMT. gold futures rose 0. The war between Israel and Hamas has passed the day mark as Israel continues its fierce offensive , while the Houthi militia's threat to respond to U.

air strikes on Yemen kept risks elevated. Gold tends to perform well during economic turmoil, with reliability that can help offset the risk of more volatile assets in conditions such as geopolitical uncertainty.

Supporting gold, data on Friday showed U. producer prices unexpectedly fell in December, sending year Treasury yields lower. Portland Timbers. Wellington Phoenix. Lambton Jaffas FC. Lee Man Warriors.

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