Gold Jumps 1.8 Percent on Physical Buying, Options-Related Activities
Reuters reported that gold bounced up 1.8 percent in Thursday trading, supported by a number of influences, including physical demand and option-related activities.
As quoted in the market report:
Reuters reported that gold bounced up 1.8 percent in Thursday trading, supported by a number of influences, including physical demand and option-related activities.
As quoted in the market report:
Today’s rally can mostly be attributed to options-related activities, and we continue to have strong physical demand, but I don’t think it’s enough at the end of the day to hold the market up,” said Frank McGhee, head precious metals trader at Integrated Brokerage Services LLC.ndo
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1826.10 | +7.53 | |
Silver | 20.94 | +0.12 | |
Copper | 3.80 | +0.02 | |
Palladium | 1988.00 | +119.00 | |
Platinum | 934.00 | +24.00 | |
Oil | 113.12 | +1.36 | |
Heating Oil | 4.07 | -0.04 | |
Natural Gas | 6.79 | +0.22 |
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