It is important for investors in physical gold to periodically follow what is happening in other segments of the precious metals industry. Today we will examine volume in the futures market.
Futures contracts represents the ownership of gold at a future time. As designated by the contract expiration date. The futures market is often referred to as the “paper market”. Due to the fact that many multiples of contracts trade hands for each gold bar that backs it up. The fact remains that each contract ultimately allows the holder to receive delivery of 100 ounces