* Chinese yuan falls below 7 per dollar to 11-year low
* Global stocks decline for a sixth day
* Silver gains nearly 2%
* World FX rates in 2019 http://tmsnrt.rs/2egbfVh(Adds graphic, updates prices)
By K. Sathya Narayanan
Aug 5 (Reuters) - Gold rose to a more than six-year high onMonday, gaining more than 1%, as an escalating trade conflictbetween the United States and China sent investors scurrying forthe safety of bullion.
Spot gold was up 1.5% at $1,462.40 per ounce as of1301 GMT, after hitting its highest level since May 2013 at$1,464.60. U.S. gold futures rose 1.2% to $1,474.30.
"This (price action) is still about the escalation of tradetension between the U.S. and China ... risk aversion isspreading in financial markets and that is something whichdefinitely helps gold," Julius Baer analyst Carsten Menke said.
Fears of a slowdown in global economic growth andexpectations of more rate cuts by the U.S. Federal Reserve werealso supporting bullion, he added.
Global stocks fell for a sixth day on Monday while U.S.10-year yields dropped to a near-three-year low.
On Friday, China said it would fight against a decision byU.S. President Donald Trump to slap an additional 10% tariff on$300 billion worth of Chinese imports.
The tariffs may force the U.S. central bank to cut interestrates more than it had hoped was necessary to protect theeconomy from trade-policy risks.
Lower interest rates decrease the opportunity cost ofholding non-yielding bullion, and weigh on the dollar.
"The near-term outlook for gold looks positive. All thisvolatility, growth fears, persistent weakness in economic datawill be good enough for a risk-off environment," said BenjaminLu, an analyst at Phillip Futures.
The dollar slipped to a more than one-week lowagainst key rivals, making bullion cheaper for investors holdingother currencies, but rose against the Chinese yuan.
China let its yuan weaken below 7 per dollar onMonday, an 11-year low, while offshore yuan fell toits weakest since international trading of the Chinese currencybegan.
"This might encourage some more gold buying in China as aweaker yuan means a stronger dollar, and gold provides youexposure to the dollar, which makes gold attractive for theChinese," Julius Baer's Menke said.
The Shanghai Gold Exchange said it would raise the marginrequirement on its AU(T+N2) gold contract. Thetrading limit on the contract would also be raised.
In India, domestic prices soared to a record, dampeningdemand for the metal in the world's second-biggest gold consumerafter China.
Meanwhile, holdings in the world's largest gold-backedexchange-traded fund, SPDR Gold Trust, rose to 830.76tonnes on Friday.
Elsewhere, silver rose 1.3% to $16.42 per ounce.Platinum climbed 1.8% to $857.67, while palladiumgained 2.6% to $1,442.67.
(Reporting by K. Sathya Narayanan and Arpan Varghese inBengaluru; Editing by Dale Hudson and Louise Heavens)