Gold futures rose to trade above $882 an ounce Monday, as their safe-haven appeal was heightened amid ongoing Israeli air strikes against Hamas targets in the Gaza Strip. Gold for February delivery rose $12.10, or 1.4%, to $883.30 an ounce in electronic trading on Globex. "Bullion found a safe-haven bid during Monday's session in response to the acceleration in violence between Israel and Hamas," said analysts at Action Economics.

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