Sentences with phrase «comex gold futures»

, Brian Lucey and Fergal O'Connor examine the relationship between gold miner stock behavior (NYSE ARCA Gold Bugs Index) and the price of gold (COMEX gold futures).

In COMEX gold futures which also experienced a record one - week amount of nearly 55,000 contracts being sold by so - called commercial traders, or the equivalent of 5.5 million ounces, that works out to 20 full days of world gold mine production (275,000 oz per day).

Using daily gold bullion spot prices (London fixing) and COMEX gold futures prices during 1981 through 2010 (30 years), along with contemporaneous stock market index and gold jewelry demand data, he finds that: Keep Reading

Not exact matches

Meanwhile, hedge funds and money managers raised their net long position in COMEX gold contracts in the week to Jan. 30 to their highest level since late - September, U.S. Commodity Futures Trading Commission (CFTC) data showed on Friday.

Hedge funds and money managers raised their net long position in COMEX gold for the second straight week in the week to March 28, and boosted it slightly in silver, Commodity Futures Trading Commission data showed on Friday.

U.S. Commodity Futures Trading Commission data on Friday showed that hedge funds and money managers raised their net long positions in COMEX gold in the week to Jan. 2.

However, the ratio of gold standing for delivery — the process by which a futures contract can be settled for physical gold rather than cash — rose exponentially into early December and has since fallen significantly but remains at historically high levels: The standard COMEX response would be that the overwhelming majority of futures contracts are simply rolled over at expiration into a future month or settled in cash.

COMEX synthetic gold and related over-the-counter derivatives are traded in macro strategies implemented by hedge funds, HFT's, and commodity funds in pair trades with interest rate, currencies, equity futures, or even more exotic offsets.

This would occur if gold ETF assets under management (AUMs) were to rebuild or if holders of COMEX futures were to stand for delivery in a big way.

The official description of the COMEX market's raison d'être by CME group states, «Gold futures are hedging tools for commercial producers and users of gold.&raGold futures are hedging tools for commercial producers and users of gold.&ragold.»

In just one reporting week, more managed money contracts were bought and more commercial contracts were sold in COMEX silver and gold futures than ever in the more than 30 year history of the COT report.

It must be a coincidence that the COMEX futures gold price always drops significantly on the day of an FOMC meeting / announcement.

Furthermore, a decline in gold futures positions at the COMEX futures exchange tells us little about the long - term trend of the gold market.

It is possible to conduct spot and futures contract trading on gold on the primary futures market: CME, COMEX, CBOT and NYMEX.

A broad cross-section of companies in the gold industry, from mining companies to fabricators of finished products, can use the COMEX Division gold futures and options contracts to hedge their price risk.