Sentences with phrase «gold futures settled»

Registering its first green close in four trading days gold futures settled up 0.5 % at $ 1,312.70 / oz due in part to yesterday's comments out of the FOMC.

Not exact matches

Spot gold rose for a second session, firming by 0.7 percent to $ 1,313.83 an ounce by by 2:05 p.m. ET, while U.S. gold futures for June delivery settled up $ 7.10 at $ 1,312.70.

Spot gold edged higher by 0.34 percent to $ 1,252.91 per ounce, while U.S. gold futures for June delivery rose $ 2.80 to settle at $ 1,254.

Gold futures prices later retreated slightly from those levels to settle at $ 1,360.

RE the second point: if someone can explain to me how the Futures Market (which is cash settled) will affect the actual Market Ill stand corrected on that point... having said all this I do believe BTC is overvalued on a «fundamental» basis because there has not been enough adoption and the transaction cost is too high but it is acting more like gold 2.0 and there will have to be a better method of lowering transaction costs and increasing speed or using an alternative coin.

Silver futures settled last Friday in New York at 16.26 an ounce while currently trading at 16.36 up about $ 0.10 for the trading week reacting neutral off of the monthly unemployment number which was released this morning stating that we added 103,000 jobs which were very disappointing sending gold prices higher, however having very little impact on silver.

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.

One of the things they have done at the outset is to set up a Yuan - gold contract in the futures market in Shanghai, settled in physical gold.

In simple terms, the EFPs and PNTs enable the counterparties a Comex futures contract or LBMA forward to settle the contract in an acceptable form other than the actual physical commodity as required by the contract specifications (e.g. one gold futures contract requires the delivery of a 100 oz.

Gold futures in the April contract settled last Friday in New York at 1,324 an ounce while currently trading at 1,317 down about $ 7 for the trading week near a two week low.

It marks the first time overseas investors have been able to access a Chinese commodity market — an oil futures contract — that can be settled, not only with U.S. dollars, but also Chinese Yuan, eventually a basket of currencies... and gold.

The price of gold futures for December delivery rose $ 3.70 to settle at $ 1,294.70 per ounce after the president's shutdown comments.

Gold futures traded on the Comex division of the New York Mercantile Exchange settled at $ 1,305.10 a troy ounce on Tuesday, having declined 3.5 % over the last two weeks.

Gold futures for December delivery climbed 0.6 % to settle at $ 1,197.70 an ounce at 1:36 p.m. on the Comex in New York.

Designed to provide a risk management tool for regional bankers, jewelers, retail traders and other industry participants, the ICE Futures Singapore Kilo Gold Futures is physically settled with delivery in Singapore.

(Less than 1 % of open interest in gold futures — which itself represents a small percentage of the global gold market — is actually settled in physical gold bullion.