Quote:
...at the rate things are going the issue price might be over $2k.
With spot Au price currently in the $1400-$1450 range, the issue price would be $1840.
The Au spot price would have to be in the $1600-$1650 price range for the issue price to exceed $2K. It would be $2,040 if spot Au were to get that high by the time of issue.