IAUM - Gold Is Defying Traditional Relationships As Demand Grows
2024-06-06 04:58:00 ET
Summary
- Strong demand out of Asia and in the over-the-counter markets helps lift Gold prices to all-time highs.
- The response from some market participants has fueled increased transactions of physical gold like bars and coins.
- Some retail traders interested in speculating on price or concerned with volatility are turning to smaller contracts – Micro Gold futures – which can be purchased with a lower initial capital investment.
By Debbie Carlson
At A Glance
- Strong demand out of Asia and in the over-the-counter markets helps lift prices to all-time highs
- More retail traders are turning to Micro Gold futures contracts, where trading volume reached a record