Adam Perlaky, a senior analyst in the World Gold Council (WGC) in his note dated June 23rd, says that some activities in the option market may increase in an increase in gold price.
WGC Analyst: Gold Option Market creates interesting dynamics
Perlaky, under Kriptokoin.comAs a retreat, the gold option market is formed by some interesting dynamics. Historically, in terms of volatility, when gold is sold quickly, investors are willing to pay premiums. He puts forward. “
Analyst said that this means that trader and investors will buy when there is a lower price movement. This will lead to a price increase in premiums, but this time the rise is not experienced.
What does the analyst say about ETFs?
Finally, Perlaky about ETF said, “Even if the precious metal price has been sold sharply last week, we saw positive gold -supported ETF entrances. Especially North American funds, this month, saw entries.
