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Gold Futures: Rally has extra legs to go

Updated: 5 Aug. 2020 | 07:22

Open interest and volume in Gold futures markets increased by around 4.1K contracts and by around 105.2K contracts, respectively, on Tuesday according to flash data from CME Group.

Gold in all-time highs

Gold finally reached the key $2,000 mark per ounce… and beyond. The uptick was amidst rising open interest and volume, which should be supportive of the continuation of the uptrend for the time being.

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