Sentences with phrase «gold contracts since»

Not exact matches

Since October, they have dramatically ramped up their long positions in gold futures contracts.

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.

What we do know is that global gold output has been contracting since 2013.

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.

Since the failure of MF Global in 2011, COMEX gold open interest dropped from a peak of 650,000 contracts to a range of 370,000 to 450,000.

The February gold contract on the New York Mercantile Exchange fell $ 41.40 to US$ 1,193.60 an ounce, its lowest close since Aug. 3, 2010.