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Gold surges to a more than 2-month high as investors take refuge amid stock-market rout

Myra P. Saefong
Gold surges to a more than 2-month high as investors take refuge amid stock-market rout

Gold prices surge Thursday, settling at the highest in more than two months, with the metal’s haven status in full force and attracting investment interest amid a sharp retreat for U.S. stocks that has infected global markets.