BlockBeats reported on August 22 that Goldman Sachs analysts said surging demand for gold call options may amplify sharp moves in gold prices. In a report, Lina Thomas and other analysts wrote that rising trading volume in gold call options is creating a price-amplifying mechanism that can work in both directions. Goldman still sees upside risk to its forecast that gold will reach $4,900 an ounce by the end of 2026, while warning that the rally may also face greater two-way volatility.
Goldman Sachs says gold call-option demand is rising
BlockBeats reported on August 22 that Goldman Sachs analysts said surging demand for gold call options is increasing the risk of sharp price swings in gold.
The report was written by Lina Thomas and other analysts. They said the rise in gold call-option trading volume is creating a price-amplifying mechanism that works in both directions.
Goldman said it still sees significant upside risk to its forecast for gold to reach $4,900 an ounce by the end of 2026, but that the rally also carries greater two-way volatility.
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