Metals – Market Recap Options Activity – Aug 24,2009

Reuters (Reported 8.24.09):
“TOKYO (Reuters) - Gold was steady above $950 an ounce on Monday, pausing after touching a one-week high near $960 in the previous session, with investors keeping an eye on the currency market for clues on bullion's direction.
FUNDAMENTALS
* Gold was at $951.75 an ounce at 0008 GMT, down 0.1 percent from the notional New York close of $952.65.” Gold steady above $950/oz, eyes on dollar

Bloomberg (Reported 8.24.09):
“Aug. 24 (Bloomberg) -- Gold, little changed in London today, may decline as a stronger dollar erodes the metal’s appeal as an alternative investment. Palladium rose to the highest price in almost a year.

The U.S. Dollar Index, a six-currency gauge of the greenback’s value, rebounded from a two-week low, gaining as much as 0.4 percent. Gold, which typically moves inversely to the dollar, added 1.4 percent on Aug. 21, the most this month. ” Gold May Decline in London as Rebounding Dollar Erodes Demand

Gold Options Activity – Highlights – As Of Aug 21,2009

Silver Options Activity – Highlights – As Of Aug 19,2009