COMEX gold jumps as Dow slumps, London stays home

Newswire

NEW YORK, Aug 26 (Reuters) - COMEX gold and silver rose in thin trade Monday as stock prices fell, with a UK public holiday reducing liquidity and traders reluctant to commit before the coming U.S. Labor Day holiday weekend. Investors rotated out of blue chips, holding the Dow Jones industrials down 0.8 percent in the afternoon amid profit-taking after last week's test of the 9,000 threshold. December gold settled $2.70 higher at $311 an ounce, rallying from $307.70 to a one-week high of ...

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