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Gold futures volume on COMEX hit 350,000 contracts yesterday, exceeding the 30-day average by 12%. This spike aligns with increased volatility in tech-heavy equity indices, prompting hedging activity. Jobless claims measure how many people filed for unemployment benefits. Learn how this metric affects financial markets and what it signals for the U.S. economy. Monetary value of all finished goods and services produced within a country; broadly measures overall economic activity. Recent geopolitical tensions have driven safe-haven flows, pushing gold futures into high beta territory versus other commodities. Analysts expect sustained premium pricing into Q4 contracts.
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