CME Group’s flash data for gold futures markets saw traders increase their open interest positions by around 1.5K contracts on Friday, resuming the up
trend following the previous daily pullback. Volume, instead, kept the choppy trade and shrank by around 38.3K contracts.was on the back of rising open interest, which suggest that further range bound could be on the cards for the precious metal in the very near term. In the meantime, the $1890 region continues to hold the downside for the time being.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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