Call options on gold are drawing record premiums, indicating increased demand for bullish bets amid broad-based risk aversion in the financial markets. One-month risk reversals on gold (XAU1MRR) have surged to a record high of 4.30 from Friday’s print of 3.975, having bottomed out near 0.85 on Feb. 12. A positive number indicates the implied volatility premium or demand for calls is higher than that for puts. Gold’s spot price is currently trading at $1,698 per Oz, representing a 1.5% gain on the day. The yellow metal is up over 10% on a year-to-date basis. The stock markets in Asia are a sea of red on Monday and the S&P 500 futures are down over 4%. The coronavirus-led risk aversion has been bolstered by fears of an all-out price war between Saudi Arabia and Russia. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Price Analysis: Refreshes one-year high to near 1.1500, above 100/200-week SMA FX Street 2 years Call options on gold are drawing record premiums, indicating increased demand for bullish bets amid broad-based risk aversion in the financial markets. One-month risk reversals on gold (XAU1MRR) have surged to a record high of 4.30 from Friday's print of 3.975, having bottomed out near 0.85 on Feb. 12. A positive number indicates the implied volatility premium or demand for calls is higher than that for puts. Gold's spot price is currently trading at $1,698 per Oz, representing a 1.5% gain on the day. The yellow metal is up over 10% on a year-to-date basis. The stock markets in Asia… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
