Gold prices have reached all-time highs, with the SPDR Gold Shares ETF (GLD) increasing by 1.63% to $2,839. This surge in gold prices has prompted significant trading activity, including the purchase of 31,800 February $260 calls, which were sold at $2.87, indicating an implied ceiling of $263 over the next three weeks. Additionally, there has been notable interest in February 28th call spreads, with 23,050 spreads bought at $263/$280. The recent bullish sentiment around gold is also reflected in the performance of Goldman Sachs, which has reached all-time highs alongside gold prices.