Open pastime in gold futures markets shrank via almost 1.5K contracts on Tuesday, reversing the preceding every day construct at the identical time in accordance to preliminary readings from CME Group. Volume, instead, went up by using round 18.3K contracts after three day by day drops in a row.
Gold: Further consolidation seems on the cards
Gold expenditures prolonged the high-quality temper on Tuesday and quickly revisited the place above the key $2000 mark per ounce troy. The uptick, however, was once on the returned of shrinking open hobby and leaves the prospect for in addition good points truly curtailed. That said, the continuation of the consolidative temper appears the most possibly state of affairs for bullion for the time being
