Gold prices climbed over 1% to their highest since early February on Wednesday as a fresh crisis in the banking sector turned investors away from seemingly riskier assets and drove them to the safety of bullion.
Spot gold jumped 1.3% to $1,925.97 per ounce by 11:56 a.m. EDT . U.S. gold futures gained 1.1% to $1,930.80.
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