GOLDBUGS AMEX Goldbugs Index (GOLD): What is unusual about gold open interest...

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Sunday, 03/31/2024 10:45:55 AM

Sunday, March 31, 2024 10:45:55 AM

What is unusual about gold open interest right now is that usually price and open interest move together...
By: Tom McClellan | March 30, 2024

• What is unusual about gold open interest right now is that usually price and open interest move together. Episodically they invert. Open interest recently spiked to a high level, so it is normal it is coming down. What's different is price is not (yet) matching that.

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