Open Demo Account
Home / Market Update / Commodities / Gold Futures: Further Rangebound Likely

Gold Futures: Further Rangebound Likely

Adel 28 September, 2020 10:39 am Commodities, Market Update

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.

Tags

Check Also

BoC Pauses Rate Cuts Amid Economic Uncertainty

In a significant shift from traditional economic forecasts, the Bank of Canada has outlined two …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends