Gold catches modest bid as panic sets in for stocks

|By:, SA News Editor

Stocks continue to reel from the Fed's surprising hawkishness yesterday, with today's renewed threat of a government shutdown adding to the excuses to sell.

In fast action, all three major averages have now fallen more than 2% on the session.

Gold is seeing something resembling a bid, up 0.9% to $1,268 per ounce, and now higher by about 6% over the past month.

ETFs: GLD, IAU, PHYS, SGOL, UGLD, UGL, DGP, GLL, GTU, GLDI, OUNZ, DZZ, DGL, DGLD, DGZ, GYEN, BAR, GEUR, GLDW, GHS, UBG, QGLDX, GHE, AAAU, GLDM, IAUF

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