Deliveries against active contracts have soared - from just 8,234 contracts representing 26 tonnes of gold in February to 31,666 contracts (98 tonnes) in April and 55,102 contracts (171 tonnes) in June.
On Thursday, traders said they intended to deliver against 32,732 contracts expiring in August, according to the CME.
https://in.reuters.com/article/gold-cme/102-tonnes-of-gold-changing-hands-on-cmes-biggest-ever-delivery-day-idINKCN24W1KW
About the author
Since 1995, providing gold investors with the latest precious metals information & financial truth!
