Home / Market Update / Commodities / Gold Futures: Further Rangebound Likely

Gold Futures: Further Rangebound Likely

Open interest in Gold futures markets shrunk by nearly 1.6K contracts on Friday, clinching the second drop in a row in light of preliminary figures from CME Group. Volume, in the same line, went down for the second consecutive day, now by almost 127K contracts.

Check Also

Is China Withdrawing From US Treasuries?

While Chinese investors are increasingly diversifying away from US Treasuries toward European and other assets, …