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During the worst day for gold in 46 years, options traders made bets the metal could hit $20,000
Market Intelligence Analysis
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Why This Matters
Gold experienced its worst day in 46 years, with options traders betting on a significant price increase, potentially reaching $20,000 per ounce.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
During Friday’s gold price meltdown, open interest in options on gold rose significantly with traders placing large wagers on the gold price doubling, tripling and even quadrupling
Original article published by
MarketWatch
on February 3, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.