Gold rises on bank scare; holds near lifetime high

Gold gained on Wednesday, within sight of a two-month high hit the previous day, as global stocks tumbled and the euro slipped on renewed fears about the health of the global economy. Gold, which is also a few dollars away from a lifetime high of around $1 264/oz struck in June, is on track for its tenth yearly gain -- its longest run of yearly increases in more than 40 years.

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