Open interest in gold futures markets increased for the second session in a row on Wednesday, this time by around 7.2K contracts according to prelimin
ary readings from CME Group. Volume followed suit and rose by around 110.6K contracts following two consecutive daily drops.
Gold retargets the $1980 region Gold prices rose sharply on Wednesday amidst rising open interest and volume, signalling the likelihood that further advances could be in store for the yellow metal in the very near term. That said, the next hurdle of note is now seen at the July tops around the $1980 zone per troy ounce.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold Futures: Extra gains appear on the cardsCME Group’s flash data for gold futures markets noted traders added nearly 3K contracts to their open interest positions on Tuesday, reversing the pre
Read more »
Gold Price Update: Tensions Rise Ahead of Biden Visit, Gold Extends GainsThe safe haven commodity showed renewed vigor after a hospital bombing in Gaza further strained relations in the region ahead of Biden’s visit. US yields rise
Read more »
China cracks open the door to flying taxis with new aerial tour certificationEHang Holdings’ two-person electric EH216-S flying taxi is now certified in China to offer aerial tours with actual passengers.
Read more »
Jets 'leaving door open' for Aaron Rodgers to play this seasonJets 'leaving door open' for Aaron Rodgers to play this season
Read more »
The Big Story: Is It Gold Bug Glory?Commodities Analysis by Stewart Thomson covering: XAU/USD, US Dollar Index Futures, Gold Futures, SPDR® Gold Shares. Read Stewart Thomson's latest article on Investing.com
Read more »
Natural Gas Futures: Further decline on the cardsConsidering advanced prints from CME Group for natural gas futures markets, open interest increased for the fourth session in a row at the beginning o
Read more »