Where can I buy gold options?

All the bullion banks trade in gold options. However, this route would require you to have an account as a private banking client. Opening up a private bank account requires the bank to fulfil a thorough due diligence process that may take some time. A list of bullion banks is available from the London Bullion Market Association (LBMA). A second way of trading options is through the COMEX Division of the New York Mercantile Exchange but non-US residents should check with their financial advisors and the local regulatory body regarding the position with respect to trading by way of a foreign exchange. The third route that you could explore would be to contact a futures broker and ask what is available. Certain spread-betting companies trade gold options, for example. Please note that this information is provided for your convenience only and should not be regarded as investment advice or a recommendation to buy or sell gold options or futures. You should seek advice from a qualified financial advisor who should take your personal financial situation into account.

• Back to the questions