The ounce of gold in question


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After a flawless run since the end of last year, and nearly $500 in gains, with the help of galloping inflation, gold has recently begun to consolidate this big uptrend, back below mark of $2,000 an ounce, while economic recovery indicators from China are less sustained than expected…

(Boursier.com) — A retracement of the yellow metal risks bringing the ounce of gold technically towards the $1,800 zone. We can therefore hedge by going through the gold put warrant K272S which is precisely targeting a strike of $1,800 with a distant expiry at the end of the year (15/12/2023).

Price on the date of the advice: €0.25


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