Gold Prices Dip, Open Interest Surges

Gold prices experienced a general dip on Tuesday, December second, with the December twenty-fifth contract closing at $4,224.70, down $14.60. The February twenty-sixth contract saw a more significant drop, closing at $4,255.80, down $19, and had the highest trading volume for the day. The estimated volume for today was one hundred thirty-two thousand five hundred fifty-seven contracts, a decrease from Mondays volume. Despite the lower daily volume, the open interest increased by six thousand forty-seven, indicating investor anticipation for upcoming market movements.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.