TOCOM Gold Open Interest Recovers Pre-Lehman Level of 150,000 Contracts

9.7.2012

 

Tokyo Commodity Exchange, Inc, announced today that open interest for the Gold standard futures contract was 152,524 contracts at the closing of September 6, exceeding the 150,000 level for the first time since August 5, 2008.

It is presumed that the gold market is attracting investment again while the price advances in expectations running high for another stimulus package by the US Federal Reserve Bank.

 

[ TOCOM Gold Standard Futures Open Interest since April 2008 ]

 

 

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