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Gold bears grow weary as ratio of puts to calls hits 3-year low

Investors dump metal in anticipation of monetary tightening

Published Fri, Sep 25, 2015 · 09:50 PM

New York

GOLD bears are finally showing signs of fatigue, if options trading is any indication.

The put-to-call ratio, or the number of bearish options trading compared with bullish ones, for SPDR Gold Shares is at the lowest since 2012, data compiled by Bloomberg show…

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