Metals – Market Recap Options Activity – Sep 16,2009

Reuters (Reported 9.16.09):
“TOKYO, Sept 16 (Reuters) - Silver and platinum rallied to multi-month highs on Wednesday with gold up more than $10 at its highest since March 2008, within sight of all-time highs after the dollar slid to a one-year low on investors' renewed interest in alternative assets.
Buying of gold accelerated when the dollar extended losses against the euro to its 2009 low. Growing optimism about the economy has prompted investors to sell the dollar and snap up riskier assets such as stocks and commodities, helping to lift gold above $1,000 an ounce last week.” CORRECTED - CORRECTED-RPT-PRECIOUS-Gold rises to highest since March last yr

Bloomberg (Reported 9.16.09):
“Sept. 16 (Bloomberg) -- Gold climbed to an 18-month high in London on concern that a global economic recovery may stoke inflation and on a drop by the dollar that boosted demand for the metal as an alternative investment.

The worst U.S. recession since the 1930s has probably ended, Federal Reserve Chairman Ben S. Bernanke said yesterday. The U.S. Dollar Index slid to its lowest level in almost a year as a more optimistic economic outlook reduced demand for the currency’s relative safety. Gold is trading 1.7 percent below a record $1,032.70 an ounce set in London in March 2008.” Gold Rises to 18-Month High on Inflation Concern, Weaker Dollar

Gold Options Activity – Highlights – As Of Sep 15,2009

Silver Options Activity – Highlights – As Of Sep 15,2009