Menu
| Procure investment-grade 1kg gold bars at spot +0.25%. Enquire within. |
We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.
The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ...
Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.
Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.
| Procure investment-grade 1kg gold bars at spot +0.25%. Enquire within. |
Gold prices finished the week just shy of $2,100 level, recorded its best weekly gains since November, boosted by FED Waller after hinting at an ‘operation reverse-twist’. See below the key highlights from our weekly gold snapshot this week:
Comex Gold Apr’24 ended the week higher up 2.3% at $2,095 per ounce, amid lower dollar and yields. It was the highest daily close ever for the metal.
Week to-Week Open Interest increased by 40,627 or 9.8% to 454,351 lots (45m ounces). 30,269 lots were added on Friday only, largest daily increase since May 2018.
Call wall increased from $2,050 to $2,100 (highest gamma level) for the Apr’24 contract, which is bullish for the metal.
Bets for out of the money (OTM) options remain decent, judging by the skew. Implied volatility has been increasing for OTM call opTons, meaning higher demand for calls (page 3 of the report).
Download our gold weekly snapshot below. If you have any questions regarding the latest gold movements or gold investment advice don’t hesitate to reach out to our InProved analysts.
About Us
Information
Individual Solutions
Commercial Solutions
Whatsapp +65 8899 3720
support@inproved.com
