Q1 2025 has been a standout period for gold, with prices surging 13% year-over-year. The metal has recently breached the historic $3,000 per ounce mark, driven by a combination of escalating geopolitical instability, inflationary concerns, robust central bank purchases and a weakening U.S. dollar. This upward trend has led to heightened volatility, with significant intraday price movements as investors turn to gold as a safe-haven asset. While the average daily volume (ADV) of Gold (OG) options dipped to just below 50K contracts in March, open interest (OI) remained robust, exceeding one million lots. Although ... (full story)