Gold gains for third session as stocks wobble

Gold prices advanced for a third session on Tuesday, helped by fresh demand for a safe haven in a new year that, so far, has been rough on stocks and other riskier assets.

Gold for February GCG5, -0.37% delivery rallied $15.40, or 1.3%, to settle at $1,219.40 an ounce, while March silver SIH5, -1.00%  gained 42 cents, or 2.6%, to $16.64 an ounce.