Gold (OG) options started 2026 on strong footing, with the month-to-date average daily volume (ADV) hitting 73K for monthly contracts and 30K for Weekly tenors. This follows a record setting Q4 in 2025, reflecting the continued interest across both products. Gold prices advanced above $5,000/oz, hitting a new all-time high, supported by a weaker dollar and shifting U.S. and EU geopolitical dynamics. Despite the underlying gold price (dotted light blue line) remaining at record peaks, the gold CVOL (solid blue line) highlights only a slight upward trend in implied volatility during January. This suggests sustained ... (full story)