Trades futures commodity-driven trades futures in

Commodity-driven trades futures in Australia rose 0.33% as gold prices rallied past $2,450/oz. Miners are progressively outperforming, with ASX-listed majors reporting strong quarterly production. While gold is up 47% over the past year, silver ( SI=F ) — often considered a secondary store of value behind bullion — is up an even stronger 49%. Platinum ( PL=F ) is even higher, up 65%. In financial markets such as bonds, currencies, and equities, contract sizes or units are often (but not always) based on dollar values or a dollar-based calculation. For example: Emerging markets trades futures ticked up after MSCI EM index futures gained 0.26%. Investors are rebalancing toward Brazil and India equities on improving GDP outlooks in Q2.