JohnQPublic
14th May 2010, 10:52 AM
Gold open interest hits record: CME (http://www.marketwatch.com/story/gold-open-interest-hits-record-cme-2010-05-14)
By Claudia Assis SAN FRANCISCO (MarketWatch) -- More investors than ever held gold contracts on Thursday, the latest day for which figures are available. Open interest contracts for gold on Comex reached 599,058, the CME Group said, surpassing the previous record of 593,953 open-interest contracts hit January 15, 2008. Friday's numbers won't be known until later today, but some investors gave gold the cold shoulder as futures declined $13.90 to $1,229.20 an ounce just before the floor close on Friday.
By Claudia Assis SAN FRANCISCO (MarketWatch) -- More investors than ever held gold contracts on Thursday, the latest day for which figures are available. Open interest contracts for gold on Comex reached 599,058, the CME Group said, surpassing the previous record of 593,953 open-interest contracts hit January 15, 2008. Friday's numbers won't be known until later today, but some investors gave gold the cold shoulder as futures declined $13.90 to $1,229.20 an ounce just before the floor close on Friday.