P.M. Kitco Roundup: Gold Sharply Higher OnShort Covering, Bargain Hunting, Safe-Haven Demand

(Kitco News) - Comex gold prices ended the U.S. day session sharply higher Wednesday and took back most of Tuesday's heavy losses. The anxiety regarding the U.S. government shutdown and U.S. lawmakers' impasse on agreeing to a federal budget ratcheted up a notch Wednesday, as the partial government closure entered its second day. Short covering, bargain hunting and safe-haven demand were featured. Also benefiting all the precious metals Wednesday were key "outside markets" that were in a bullis...