Traders Flock to Bet on Continued Gold Price Increase

According to a report from Jinse, as reported by the Wall Street Journal, gold prices are surging, and some traders are betting that the rally will continue. If prices keep rising, these options could yield returns. Late last week, the trading volume of call options linked to the world's largest gold ETF surged to record highs. The frenzied trading underscores a strong fear and almost unavoidable turmoil. The US stock market is plummeting, as are US Treasury bonds and the dollar.