Comex Gold Options Update

April 27, 2023

by Craig Hemke Sprott Money

Last week, we wrote about the pending option expirations on COMEX and how this event was likely to impact prices in the short term. We even projected where prices might finish on option expiration day, Tuesday, April 25. Let’s see how we did.

To start, you might go back and read or review the full post from last week. Here’s the link:

It was Monday, April 17, when we discovered our first hint of where price was headed. For fun, and so that it was timestamped, I decided that this one should go on Twitter: