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Gold's Rally to One-Year High Pulls in Record Trading: Chart
Gold has pulled in traders like never before on its way to the highest price in a year.
22 Sep 2017, 04:47 AM IST
(Bloomberg) -- Gold has pulled in traders like never before on its way to the highest price in a year. Volume on the Comex in New York, the largest bullion futures exchange, hit a record in August as North Korean tensions and a weaker dollar boosted demand for the metal. Some 6.55 million contracts -- worth almost $900 billion now -- changed hands last month, more than when Donald Trump was elected U.S. president or during substantial price spikes and slumps.
To contact the reporter on this story: Eddie van der Walt in London at evanderwalt@bloomberg.net.
To contact the editors responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net, Nicholas Larkin, Liezel Hill
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