Barrick Gold Options Spot-On: On August 26th, 60,340 Contracts Were Traded, With 1.37 Million Open Interest
Gold Gets a Boost From Expected Fed Interest-rate Cuts, New Focus on Jobs
Unusual Options Activity: ABBV, KHC and Others Attract Market Bets, ABBV V/OI Ratio Reaches 42.3
Here's Why Barrick Gold (GOLD) Is a Strong Value Stock
Prospects of interest rate cuts boost the price of gold, and gold bulls cheer.
According to the CFTC data, net long positions in gold have reached the highest level in over four years. UBS Group predicts that by the fourth quarter of this year, the price of gold will rise to $2600, while Citigroup predicts that it will rise to $3000 by next year.
Gold Extends Rally as Geopolitical Risks Boost Haven Demand
