There are currently three main types of gold price in the world: the market price, the production price and the quasi-official price. All other types of gold prices are derived from them.
In the investment world, silver investment is also gradually coming into the view of investors due to the lower threshold of international spot silver investment than gold.
Early options trading in the US began in 1872, founded by the then famous financier Russell, and at that time included call and put options, the market was always OTC and required trading through brokers.
In a broad sense, any risk-taking behavior for profit can be called speculation; in a narrower sense, speculation refers to risky investment behavior that takes advantage of fluctuations in the price of commodities or financial assets in the market.
When it comes to gold, the media often talks about 'London Gold'. In short, it is 400 ounces of 99.5% pure gold bricks stored in the underground vaults of the City of London.
An option means that the buyer has the right to choose to buy or sell the agreed asset at the strike price at the agreed time in the future, and the seller of the option must assume the obligation to perform when the buyer chooses to exercise.
For investors, options have brought new risk management solutions. For traders, options have opened a new trading field. Therefore, understanding the characteristics of options is an important topic. To this end, Haitong Futures and Options Department specially summarized several characteristics of options, and shared them as follows:
