0.00Open0.00Pre Close0 Volume0 Open Interest1.50Strike Price0.00Turnover0.00%IV49.49%PremiumOct 18, 2024Expiry Date0.00Intrinsic Value100Multiplier21DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma59.40Leverage Ratio--Theta--Rho--Eff Leverage--Vega
New Gold Stock Discussion
Gold Prices and US Fed Rate Cuts: A Complex Relationship
Understanding the Impact
When the US Federal Reserve lowers interest rates, it generally has a positive impact on gold prices. Here's why:
1. Reduced Investment Opportunities: Lower interest rates make other investment options, like bonds, less attractive. Investors may turn to gold as a safe-haven asset.
2. Weakening Dollar: A ...
$Gold Futures(DEC4) (GCmain.US)$ rose 1.2% to settle at $2,504 an ounce in New York Monday, less than $2 below the record close for a most-active contract. That pushed the S&P Global Mining Gold Index up 1%. $Silver Futures(DEC4) (SImain.US)$ rose 1.6%...
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