Not exact matches
Someone with a big pocket, for sure a professional, made a
huge Gold bullish option bet during the last
trading session.
PUERTO MALDONADO, Peru — On a busy, dusty street beside a
huge open - air market, signs reading «oro» mark shops that
trade in
gold.
Perhaps surprisingly, until only about forty years ago,
trading futures markets consisted of only a few commodity farm products, however, now they have been joined by a
huge number of tradable financial and other tradable products such as precious metals like
gold, silver and platinum; livestock such as hogs and cattle; energy contracts such as crude oil and natural gas; foodstuffs like coffee and orange juice; and industrials like lumber and cotton.
As
gold is seen as safe heaven against fluctuating economy and equities market, every trader or investor wants to have exposure in this yellow metal but they do not want to
trade in international market where investment required is
huge and also base currency is USD.
Also, There are no official wallets or exchanges to store or
trade Bitcoin
Gold which will be a
huge headache for all the BTG investors.
But still there is a
huge market,
huge volumes that are being
traded in the market, and these volumes determine the
gold price.