Commodity Trade Mantra

Posts Tagged ‘Gold Price Chart’

Can Investors Really Trust The New Gold Price Fixing?

The discontinuation of the previous gold price fixing doesn’t mean that price manipulation has ended. The modern procedure definitely represents progress though. Gold market manipulations are in any case mainly performed in the futures markets. They are merely more frequent and stronger during the fixings. Gold price manipulation continues.

Enormous Bullish Gold Bet was just made with Call Options

Someone made a huge Gold bullish option bet & purchased 40,000 Mar 2015 GLD gold call options. The strike of the call options was $120. If the price of GLD reaches the range $130-$135 before expiration, this trader will make between 300% and 600% of his investment or $20-$50 million net profit.

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