Gold Tops $1,200 for First Time Since June on Economic Woes

  • Producer shares jump; index of companies up as much as 6.2%
  • Investors add to bullion holdings in exchange-traded products

Gold Prices Surge as Stocks Selloff

The economic woes sparking turmoil for global equities is a boon for gold, with prices trading above $1,200 an ounce for the first time since June.

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