Metals – Market Recap Options Activity – Aug 31,2009

Reuters (Reported 8.31.09):
“TOKYO, Aug 31 (Reuters) - Gold held steady near $955 an ounce on Monday, underpinned by firmness in oil prices, after it failed to top a three-week high of $961 marked late last week.
Trading has largely been confined to a range of $930 to $960 during the past three months, with gold pressured by a resurgent dollar but underpinned by inflation worries and uncertainty about the economy.” PRECIOUS-Gold steady near $955/oz on oil, capped at $960

Bloomberg (Reported 8.31.09):
“Aug. 31 (Bloomberg) -- Gold rose for a fifth day, the longest run of increases in more than a month, as the dollar weakened on signs a recovery in global economies may be accelerating.

Bullion climbed as positive economic data weakened demand for the U.S. currency, driving the Dollar Index lower. An Institute of Supply Management report due tomorrow in the U.S. may show manufacturing expanded for the first in 19 months, according to a survey of economists. ” Gold Climbs a Fifth Day as Dollar Drops on Signs of Recovery

Gold Options Activity – Highlights – As Of Aug 28,2009

Silver Options Activity – Highlights – As Of Aug 28,2009