Gold Futures: Scope for further upside Gold Commodities Metals OpenInterest Futures
19K contracts. Volume followed suit and went up by around 137.1K contracts, partially offsetting the previous decline.rose sharply at the end of last week amidst rising open interest and volume, which is suggestive that extra gains remain well on the cards in the very near term. That said, the yellow metal now targets the key $2000 barrier per ounce troy. Of note, however, is that the current overbought condition of the precious metal could, in the meantime, trigger a corrective decline.
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