Gold Futures: Still room for further upside

United States News News

Gold Futures: Still room for further upside
United States Latest News,United States Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 72%

Gold Futures: Still room for further upside Gold Commodities Metals Futures OpenInterest

readings from CME Group. Volume, instead, reversed two consecutive daily builds and dropped by nearly 41K contracts.prices extended the uptrend in the first half of the week and flirted with the $1880 region on Tuesday. The uptick was on the back of rising open interest, which is supportive of the continuation of the move in the very near term and continues to target the $2000 mark per ounce troy.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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.

Gold Futures: Further upside in storeGold Futures: Further upside in storeOpen interest in gold futures markets set aside the previous drop and went up by around 10.5K contracts on Friday according to preliminary readings fr
Read more »

Crude Oil Futures: Extra losses not ruled outCrude Oil Futures: Extra losses not ruled outCME Group’s flash data for crude oil futures markets noted traders extended the uptrend in their open interest positions and added around 13.2K contra
Read more »

U.S. stock futures gain as investors look to extend 'soft landing' rallyU.S. stock futures gain as investors look to extend 'soft landing' rallyWeek is starting on a firm note as traders look to add to Friday's surge, when jobs and services data raised hopes the Fed can soon stop raising interest rates
Read more »

Natural Gas Futures: Near-term rebound could be in the limelightNatural Gas Futures: Near-term rebound could be in the limelightAccording to advanced prints from CME Group for natural gas futures markets, open interest extended the upside for yet another session on Friday, this
Read more »

Futures rise on China reopening optimism, easing rate hike worriesFutures rise on China reopening optimism, easing rate hike worriesU.S. stock index futures edged higher on Monday on optimism around China reopening its borders, while signs of cooling in the labor market boosted bets of a slower pace of rate hikes by the U.S. Federal Reserve.
Read more »

Futures rise on China reopening optimism, easing rate hike worries By ReutersFutures rise on China reopening optimism, easing rate hike worries By Reuters*U.S. STOCK FUTURES RISE TO START THE WEEK ON EASING RATE HIKE WORRIES, CHINA REOPENING OPTIMISM - $DIA $SPY $QQQ 🇺🇸🇺🇸
Read more »



Render Time: 2025-03-06 13:28:29