Bullion gains as more investors turn to safe-haven assets

Note: This section contains information in English only.
Source: CNBC
Gold prices rose on Monday as the recent devaluation of the Yuan in China reinforced the risk-off sentiment on the market, with the yellow metal reaffirming its position as a safe-haven asset. Gold advanced 0.33% at $1,116.30, up from its Friday close at $1,115.30. Meanwhile, analysts say that gold could extend its gains if the Federal Reserve does not hike rates at the next meeting in September. 
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