Gold Futures: A sustained bounce not probable Gold OpenInterest Futures Commodities Metals
from CME Group. Volume followed suit and shrank by nearly 73K contracts after three consecutive daily builds.prices attempted a decent bounce on Friday. The move, however, was on the back of declining open interest and volume and hints at the likelihood that a sustainable rebound is not favoured in the very near term. So far, the yellow metal seems to have met a decent contention around the $1930 per ounce troy.
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