Open interest in gold futures markets shrunk for the second session in a row on Friday, this time by around 2.5K contracts according to preliminary figures from CME Group. in the same line, volume dropped by around 37.5K contracts after two builds in a row. Gold could test $1,675/oz Prices of the ounce troy of the precious metal rose amidst declining open interest and volume on Friday, showing that short covering was behind the move up. That said, a move lower in gold remains on the table with the potential target at monthly lows around $1,675 per ounce. 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 Natural Gas Price: Futures point to further correction FX Street 3 years Open interest in gold futures markets shrunk for the second session in a row on Friday, this time by around 2.5K contracts according to preliminary figures from CME Group. in the same line, volume dropped by around 37.5K contracts after two builds in a row. Gold could test $1,675/oz Prices of the ounce troy of the precious metal rose amidst declining open interest and volume on Friday, showing that short covering was behind the move up. That said, a move lower in gold remains on the table with the potential target at monthly lows around $1,675 per ounce. 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.
