As the final word protected haven, gold costs sitting at all-time highs can typically be indicative of widespread panic. But the choices market tells a distinct story, with the metallic’s 43% year-to-date positive aspects approaching surprisingly low volatility, suggesting traders are constructing positions with out a disorderly scramble and there could also be extra upside to return.
Spot gold hit $3,788 on Tuesday, after including greater than 11% over the previous month.
Whereas volatility initially spiked in response to US president Donald
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