Morning Gold Fix: September 27
From FMX Connect
December Gold settled at $1298.10 per 100 troy ounces on Friday, a net gain of of $1.80 for the day.
December gold was up $2.50 to $1300.60 per 100 troy ounces as of 7:40 AM EST, this morning. The December U.S. dollar index was down .099 to 79.50. October platinum was down $2.80 to $1637 per 50 troy ounces. December silver was up 17.6 cents to $21.575.
Today’s trading activity will be dominated by options expiries. Gold prices are likely be pinned near the 1300 strike because of the large open interest there. For a more extensive snapshot of the pin risk please refer to the tables below.