Previous Close | 0.1800 |
Open | 0.1800 |
Bid | 0.1900 |
Ask | 0.2000 |
Strike | 187.00 |
Expire Date | 2022-09-16 |
Day's Range | 0.1800 - 0.1800 |
Contract Range | N/A |
Volume | |
Open Interest | 2.4k |
The same China that drove oil prices to six-month lows last week helped shore them above the $90-per-barrel zone on Monday as commodity markets were mixed ahead of this week’s much anticipated Consumer Price Index report for July. China surprised markets with faster-than-expected growth in oil purchases for last month.
Given the abrupt changes in gold price and an uncertain outlook, investors should place their bet on gold ETFs cautiously or take advantage of the quick turn in sentiment with the help of leveraged or inverse ETFs.