COMEX gold jumps to 3-month high, options, IMF eyed

Newswire

NEW YORK, Aug 27 (Reuters) - COMEX gold jumped in options-focused trade early Wednesday, speeding to its highest in 3 months amid speculation that the agreement limiting European gold sales will soon be extended. At 0911 EDT, December gold was up $4.20 at $371.00 an ounce, trading $364.40 to $373.50, its highest since May 27. Gold accelerated as stop-buy orders were triggered above the summer peaks at $368.80 and $369.70 "They were looking for a breakout over that $368.70/$370.00 (area) ...

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