Gold option

A gold option is an option, on gold. So far, so logical.

Specifically it refers to the right to trade gold at a specific price point in the future, when that price point is hit (or if it is). It could be the right to buy it or sell it at that price depending on the type of gold option.

Related Articles

Interest Rate
Public Offering
Foreign exchange
Frozen account

More Financial Words and Vocabulary Explained