Metals – Market Recap Options Activity – Aug 19,2009

Reuters (Reported 8.19.09):
“TOKYO, Aug 19 (Reuters) - Gold inched up to trade around $940 on Wednesday, maintaining the previous session's firm sentiment with the precious metal assuming its traditional role as a currency hedge against the dollar. 
Strong crude oil prices also helped enhance gold's appeal for investors seeking protection against inflation, which erodes the value of paper assets.”PRECIOUS-Gold rises to trade around $940, eyes on dollar


Bloomberg (Reported 8.19.09):
“Aug. 19 (Bloomberg) -- Gold fell in London as a stronger dollar curbed demand for the precious metal as an alternative investment. Silver dropped to the lowest price this month.

The U.S. Dollar Index, a six-currency gauge of the greenback’s value, gained as much as 0.4 percent as European and Asian equities declined and the Shanghai Composite Index entered a so-called bear market. Gold tends to decline when the dollar, which benefits as the world’s main reserve currency, gains. ” Gold Falls in London as Stronger Dollar Curbs Investment Demand

Gold Options Activity – Highlights – As Of Aug 18,2009

Silver Options Activity – Highlights – As Of Aug 18,2009