Spot gold jumps to fresh record of $1,157.40/oz, up $6.50 vs NY close; move comes within minutes of market opening, takes traders by surprise. USD, usually key driver for gold, hasn't moved. "This looks like a manipulative move. Someone picks a low-volume time in the market to move the price to force people to buy in a panic," says Jonathan Barratt, managing director at Commodity Broking Services.
RED Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
