Gold
inched up on Monday, bolstered by a jump in oil prices and safe-haven bids from
rising geopolitical tensions in the Middle East.
Spot gold XAU= was up 0.3
percent to $1,063.50 an ounce by 0043 GMT. U.S. gold futures GCcv1 also rose
0.3 percent. Silver XAG= jumped nearly 1 percent to $13.91.
Asian shares began their
first trading of 2016 on a cautious note on Monday. U.S. stock futures were up
0.3 percent.
The market has
kick-started first trading week of 2016 on lower note. The Sensex
is down 155.31 points or 0.6 percebt at 26005.59 and the Nifty
slipped 49.30 points or 0.6 percent at 7913.90. About 631 shares have advanced,
557 shares declined, and 791 shares are unchanged.
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