Gold rises in correction

CHICAGO, Dec. 18 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday in correction.

The most active gold contract for February delivery rose 4.80 U.S. dollars, or 0.24 percent, to close at 2,040.50 dollars per ounce.

Cleveland Federal Reserve Bank President Loretta Mester said in an interview with the Financial Times on Monday that financial markets had got "a