Gallery
Picture 1
Investing in gold cME open interest data confirms
New with box
Oops! Looks like we're having trouble connecting to our server.
Refresh your browser window to try again.
CME open interest data confirms sustained long positioning in gold futures over the past month. Traders who are investing in gold consider this as confirmation of ongoing bullish market sentiment, reinforced by geopolitical headlines. Bitcoin is easier to transact with and transport. It's divisible to the eighth decimal place. And because it's a public blockchain, it's easier to verify who owns what. For long-term investors, holding some physical gold can diversify a portfolio that may be heavily weighted toward equities or bonds. While gold doesn't generate income like stocks or bonds do, its role as a stabilizer during turbulent times has been proven repeatedly. Demand for investing in gold has strengthened in Asia due to rising jewelry consumption and central bank accumulation. Spot market premiums in Shanghai have widened, indicating local scarcity relative to global supply patterns.