Open interest in gold futures markets shrunk for the fourth consecutive session on Wednesday, this time by nearly 6K contracts according to preliminary figures from CME Group. Volume, in the same line, extended the erratic performance and receded by around 169.5K contracts. Gold remains supported around $1,680/oz Prices of the ounce troy of the precious metal briefly pierced the $1,700 mark on Wednesday, although they managed to close slightly in the red and just above it afterwards. Shrinking open interest and volume therefore keep occasional bearish attempts in gold somewhat contained and with strong support in the $1,680 level 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 EUR/USD keeps the positive outlook unchanged so far – UOB FX Street 3 years Open interest in gold futures markets shrunk for the fourth consecutive session on Wednesday, this time by nearly 6K contracts according to preliminary figures from CME Group. Volume, in the same line, extended the erratic performance and receded by around 169.5K contracts. Gold remains supported around $1,680/oz Prices of the ounce troy of the precious metal briefly pierced the $1,700 mark on Wednesday, although they managed to close slightly in the red and just above it afterwards. Shrinking open interest and volume therefore keep occasional bearish attempts in gold somewhat contained and with strong support in the $1,680 level per… 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.
