Early NY gold hits 15-week high, bolstered by euro

Newswire

NEW YORK, May 27 (Reuters) - COMEX gold stormed to within a whisker of $375 an ounce when futures trade reopened after a long weekend Tuesday, as the market focused on options expirations and the euro's rise to a lifetime high against the falling dollar. "I would assume there will be some stops above there if we got through," said a bullion trader of the $375 level in benchmark gold. "I think it's more psychological than technical." At 9:27 a.m. (1327 GMT), June was up $4.30 at $373.10 ...

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