Metals – Market Recap Options Activity – Aug 25,2009

Reuters (Reported 8.25.09):
“TOKYO, Aug 24 (Reuters) - Gold was steady above $950 an ounce on Monday with light buying encouraged by extended gains in oil and equities markets, although it was off a one-week high near $960 the previous session.
But there was no strong follow-through buying as investors mostly sat on the sidelines before U.S. data on housing and consumer sentiment later this week.” PRECIOUS-Gold steady above $950/oz, ETF up 0.92 tonnes

Bloomberg (Reported 8.25.09):
“Aug. 25 (Bloomberg) -- Gold rose in London as some investors judged yesterday’s drop to be a buying opportunity and a decline in equities increased the metal’s appeal as an alternative investment.

The MSCI World Index of shares fell as much as 0.4 percent, the first decline in six days, as SunTrust Banks Inc. said lenders face more credit losses. Bullion dropped 1.3 percent to $941.55 an ounce yesterday, the biggest decline in a week. ” Gold Rebounds After Biggest Drop in a Week as Equities Decline

Gold Options Activity – Highlights – As Of Aug 24,2009

Silver Options Activity – Highlights – As Of Aug 24,2009