CME Gold options open interest hits 1,808,693 contracts on July 22.
As Gold prices have recovered nicely from their sub-$1,200-per-ounce lows late last month, up more than 10% to the mid-$1,300’s currently, interest in Gold trading has risen in step. The CME Group has reported that open interest levels in Gold options have now hit an all-time record, at more than 1.8 million contracts.
Similarly, we’ve heard from various forex brokers we’ve spoken to that both Gold and Oil trading has risen nicely this month, even as Forex trading levels have slowed a bit from the rapid pace set in the first half of the year.
For the CME Group press release click here.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.