why do u think that's the case? GCG19 is up .30%. I know not as much as the the index futures at 2%+...
I guess you are partially right. I'm slightly disappointed. But the day is still young. My gold options are only up about $1900. I was hoping for an explosion in value.. Still not bad for overnight return. I'm holding til near expiration in Jan 2019. So hopefully it will run more...
Gold is such a POS. Not a safe haven even when cryptos, equities go down. Even when dollar goes down. haha
I'm no goldbug by any stretch (hate trading it) but ask yourself this, which sector is bullishly trending better atm.
NZD, CHF, then USD. But that could all change by this time next week, two weeks ago AUD was up there too.
Seems to me in my light studies that GC is inversely correlated with the DX, as a general rule. Has that borne itself out over the past year?