GOLD (MSM)

Gold rally brings out options bulls

[Reuters] – With gold on track for its second-best month this year, traders in the options market are betting there is plenty of steam left in the rally. Spot gold, which touched a five-year low of $1,077 an ounce in July, is up about 8 percent from then and broke through its 200-day moving average last week, the first time since May. Market watchers attribute the strong bounce in the

Gold rally brings out options bulls

[Reuters] – With gold on track for its second-best month this year, traders in the options market are betting there is plenty of steam left in the rally. Spot gold, which touched a five-year low of $1,077 an ounce in July, is up about 8 percent from then and broke through its 200-day moving average last week, the first time since May. Market watchers attribute the strong bounce in the