Goldman Sachs: Demand for gold call options surges, increasing risk of gold price volatility

Goldman Sachs analysts say that the surge in demand for gold call options has increased the risk of drastic fluctuations in gold prices. Lina Thomas and other analysts pointed out that the increase in trading volume of gold call options has formed a price amplification mechanism for the two-way fluctuation of gold prices. The prediction of gold prices reaching $4900 per ounce by the end of 2026 faces upward risks, and there is greater two-way fluctuation in the rise of gold prices.