Gold Futures:Commodity market continuous surge

Gold Hits 1945 during early asian session
CPI runs steamed, Markets turns off
Take loan against gold Jewelry up to 90% of its value
Commodity market: Gold and silver dominate weakness today after yesterday’s spurt, in base metals
Gold Kept Correcting since last friday move

Commodities Market live

made high in the zone 2100-2075$ /Ounce and since we are witnessing the little pullback during the weekend around 2030.as per the CME records Precious metal seen spike in the open interest around 65K contracts and pushing the price upwards.with surge in contracts.

In the Graph below the spike in the volumes amid USD dollar situations.

Previously On gold

Gold Hits 1945 during early asian session(Opens in a new browser tab)

Gold Kept Correcting since last friday move(Opens in a new browser tab)

Gold rates soaring slowly ahead of US session(Opens in a new browser tab)

 

 

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