PRECIOUS-Gold rebounds on flight to safety after Paris attacks

* Gold rebounds from six-year low hit last week
* Paris attacks send euro to near-aeven-month low vs dollar

(Updates prices, adds comment)
By Clara Denina
LONDON, Nov 16 (Reuters) - Gold rebounded on Monday from
last week's six-year low as the attacks in Paris prompted a bout
of global risk aversion. urn:newsml:reuters.com:*:nL8N13A0D1
Spot gold XAU= rose as much as 1.4 percent to a 10-day
high of $1,097.90 an ounce, with U.S. gold futures GCcv1
gaining more than 1 percent to a session high of $1,097.40.
In the first 10 minutes of Monday trade, nearly 3,000 lots
changed hands, almost 10 times the 300-lot average for the
opening 10 minutes over the past two months, Reuters'
calculations showed.
"Gold opened higher early this morning on the back of what
happened over the weekend on perceived geopolitical risk, but it
seems to be already short-lived because the bigger macroeconomic
issues are the dollar's strength and the (expected) U.S. rate
hike," Citi strategist David Wilson said.
Prices were up 0.2 percent at $1,085.81 at 1433 GMT.
"The metal is struggling to make it back above $1,100," Saxo
Bank senior manager Ole Hansen said.
Before Monday's gains, gold had fallen for 12 sessions out
of 13 on increasing bets that the Federal Reserve would raise
U.S. interest rates next month, which would increase the
opportunity cost of holding the non-yielding asset. It hit a
near-six-year low of $1,074.26 on Thursday.
European shares steadied, although travel and leisure stocks
slumped, while the euro was pinned near seven-month troughs
against the dollar, as investors concerned about the economic
impact on the euro zone from Friday's Paris attacks steered
clear of the common currency. MKTS/GLOB
Gold is typically seen as a safe refuge during times of
uncertainty. However, there has not been an increase in demand
from retail investors since the Paris attacks, German coin
dealer Degussa said in an emailed statement.
"(Buying was) already relatively high throughout last week,
but the reason for that was clearly the most recent price drop,"
it said.
Tracking gold, other precious metals all gained. Silver
XAG= rose 0.2 percent to $14.27 an ounce, platinum XPT= was
up 0.3 percent at $858.90 and palladium XPD= climbed 1.6
percent to $544.50.