Metals – Market Recap Options Activity – Aug 21,2009

Reuters (Reported 8.21.09):
“TOKYO, Aug 21 (Reuters) - Gold held near $940 on Friday after falling the previous session, although prices looked vulnerable to declines amid sluggish physical demand.
The precious metal has mostly traded below $950 this week, at one point falling more than 3 percent from last week's high of $960.55.” PRECIOUS-Gold holds near $940, but remains vulnerable

Bloomberg (Reported 8.21.09):
“Aug. 21 (Bloomberg) -- Gold, little changed in London today, may advance as the dollar fell to its lowest level in a week against the euro, increasing the metal’s appeal as a headge against further weakness in the U.S. currency.

The dollar lost as much as 0.3 percent against the euro as German services and French manufacturing unexpectedly expanded in August, adding to signs that the worst recession since World War II is easing. Gold tends to rise when the dollar weakens.” Gold May Advance as Weakening Dollar Bolsters Demand for Hedge


Gold Options Activity – Highlights – As Of Aug 20,2009

Silver Options Activity – Highlights – As Of Aug 20,2009