Gold Futures: Consolidation ahead of further gains

United States News News

Gold Futures: Consolidation ahead of further gains
United States Latest News,United States Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Gold Futures: Consolidation ahead of further gains Gold Commodities Metals OpenInterest Futures

two daily builds in a row. Volume followed suit and shrank by around 35.7K contracts after two consecutive daily upticks.charted an inconclusive session on Wednesday amidst shrinking open interest and volume and exposes the resurgence of some range bound theme in the very near term. The underlying bullish tone, however, appears unchanged and the precious metal continues to target the 2022 high at $2070 per ounce troy .

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

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.

Natural Gas Futures: Extra consolidation looks likelyNatural Gas Futures: Extra consolidation looks likelyCME Group’s flash data for natural gas futures markets noted traders added nearly 16K contracts to their open interest positions on Tuesday, extending
Read more »

Gold Futures: Still room for extra gainsGold Futures: Still room for extra gainsOpen interest in gold futures markets rose for the second session in a row on Tuesday, this time by around 14.8K contracts according to preliminary re
Read more »

'Absolutely gobsmacking' gold nugget worth $160,000 unearthed by metal detectorist in Australia'Absolutely gobsmacking' gold nugget worth $160,000 unearthed by metal detectorist in AustraliaAn amateur gold digger in Australia has unearthed a massive gold nugget worth $160,000.
Read more »

Gold (XAU/USD) Technical Analysis: The Price of Gold Hits aGold (XAU/USD) Technical Analysis: The Price of Gold Hits aStrong and continuous downward pressure on the US dollar allowed the gold price, XAU/USD, as expected.
Read more »

Crude Oil Futures: Further upside in the pipelineCrude Oil Futures: Further upside in the pipelineConsidering advanced prints from CME Group for crude oil futures markets, open interest extended the uptrend and increased by around 17.8K contracts o
Read more »

U.S. stock futures hold near seven-week highs as bond yields and oil prices stabilizeU.S. stock futures hold near seven-week highs as bond yields and oil prices stabilizeCalmer conditions in energy and bond markets, and the looming catalysts of jobs data and company earnings, are discouraging investors from making bold bets.
Read more »



Render Time: 2025-03-04 21:41:07