Kitco.com – Gold surges to 4.5-month high on safe-haven demand
(Kitco News) – Gold prices are higher in midday U.S. trading Wednesday and pushed to a 4.5-month high. Safe-haven demand was featured in the yellow metal today as the U.S. stock market sold off and risk appetite in the marketplace waned. The gold market bulls stepped in to buy the overnight dip in prices and do some bargain hunting. June gold futures were last up $14.30 at $1,882.30 and July Comex silver was last down $0.258 at $20.075 an ounce. Global stock markets were mixed but...
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