Gold Holding Solid Gains Above $1,100, Near Daily Highs, as U.S. Stock Market Tumbles

Gold prices are seeing a good safe-haven bid and hovering near their daily highs just above $1,100.00 an ounce as midday approaches Wednesday. Plunging U.S. stock indexes that have hit multi-month lows are creating high anxiety among traders and investors, which has many looking to the gold market for cover.

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