Open interest in Gold futures markets reversed the previous drop and rose by around 1.9K contracts on Friday according to flash data from CME Group. On the other hand, volume shrunk sharply by around 126K contracts after four builds in a row. Gold now targets the key $2,000/oz mark Prices of the ounce troy of Gold remain on the rise and surpassed the key $1,900 mark to clinch all-time highs around $1,945 during early trade on Monday. Rising open interest amidst a positive performance is indicative that further upside remains in the pipeline. That said, Gold could well be on its way to test the critical barrier at the $2,000 level per ounce in the short-term horizon. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Door open for a move to 1.2900 – UOB FX Street 3 years Open interest in Gold futures markets reversed the previous drop and rose by around 1.9K contracts on Friday according to flash data from CME Group. On the other hand, volume shrunk sharply by around 126K contracts after four builds in a row. Gold now targets the key $2,000/oz mark Prices of the ounce troy of Gold remain on the rise and surpassed the key $1,900 mark to clinch all-time highs around $1,945 during early trade on Monday. Rising open interest amidst a positive performance is indicative that further upside remains in the pipeline. That said, Gold could well be on… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
