Gold’s Surge Meets Bearish Bet | Business and Finance News

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Recorded24 Aug 2026

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Gold’s hot streak this month—up 15% despite rising interest rates—may be nearing its peak, as a massive $200 million bearish trade in GLD options hints at an impending pullback. The trader locked in $58 million by betting gold will stay below a key level before September, directly countering the market’s bullish momentum. With most traders still buying calls, this bold move signals caution ahead of major economic data. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6a6262374cbffe46

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