Gold option volatility spikes as Fed, Iraq revive investor appetite
June 20, 2014 at 17:22 PM EDT
NEW YORK, June 20 (Reuters) - Gold option volatility notched its biggest one-day gain in a year on Thursday, reviving a lackluster market as Iraq turmoil and the Federal Reserve's comments on interest rates unleashed a wave of short covering and pushed prices up over 3 percent.