Gold added to its gains at the end of last week with a number of factors today driving the price higher.
Gold was US$10 higher overnight to US$1,166 an ounce, while silver gained 1% to US$15.98 an ounce and platinum added 1.5% to US$998 an ounce.
Keeping U.S. interest rates low will weaken the U.S. dollar, supporting gold, but the devaluation of the Yuan and the subsequent impact on the emerging markets has been the main benefit to gold.
Investors will look to buy up the metal in times of economic weakness as it is traditionally seen as a haven.
