Gold jumped 1 percent to a more than three-month peak on Tuesday, with investors spurred on by a slide in global equities and rising political and economic uncertainty, including concerns over Italy’s spending plans.
Gold COMEX (Dec 18)
Gold, Silver Zoom After Stocks Sell-off – Gold Silver Reports
Spot gold jumped 1.3 per cent to $US1,202.81 per ounce overnight, and was on track to post its biggest one-day percentage gain since August 24.