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  2. Gold touches new high to hold above $2,700 per ounce

    www.aol.com/finance/gold-touches-high-hold-above...

    Gold futures jumped to a new high of $2,706 per ounce during Thursday's session, giving credence to bulls who claim the precious metal rally isn’t over. Spot gold also rose to a new high north ...

  3. Gold Price Futures (GC) Technical Analysis – Buy Strength or ...

    www.aol.com/news/gold-price-futures-gc-technical...

    Upside momentum is strong, but according to the Nearby Gold futures chart, potential resistance levels are lined up from $1417.30 to $1457.90. This are all previous main tops on the daily chart.

  4. Gold extends record, silver jumps to 12-year high as precious ...

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    Gold futures touched fresh records, rising as much as 0.8% to hover near highs of $2,750 per ounce. Silver futures ( SI=F ) gained more than 3% before paring gains, briefly topping $34 per ounce ...

  5. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    In the U.S., gold futures are primarily traded on the New York Commodities Exchange and Euronext.liffe. In India, gold futures are traded on the National Commodity and Derivatives Exchange (NCDEX) and Multi Commodity Exchange (MCX). [47] As of 2009 holders of COMEX gold futures have experienced problems taking delivery of their metal.

  6. Bloomberg Commodity Index - Wikipedia

    en.wikipedia.org/wiki/Bloomberg_Commodity_Index

    The Bloomberg Commodity Index (BCOM) is a broadly diversified commodity price index distributed by Bloomberg Index Services Limited.The index was originally launched in 1998 as the Dow Jones-AIG Commodity Index (DJ-AIGCI) and renamed to Dow Jones-UBS Commodity Index (DJ-UBSCI) in 2009, when UBS acquired the index from AIG.

  7. London bullion market - Wikipedia

    en.wikipedia.org/wiki/London_bullion_market

    Twice daily, at 10:30 AM and 3:00 PM (local time). the LBMA publishes the gold price in US dollars. [1] These forward contracts are known as gold futures contracts. Spot gold is traded for settlement two business days following the trade date, with a business day defined as a day when both the New York and London markets are open for business.

  8. Gold touches new high, silver surges as metals 'momentum ...

    www.aol.com/finance/gold-touches-high-silver...

    Gold futures rose as much as 0.8% to hover near highs of $2,770 per ounce while spot gold inched to a record just north of $2,759. Silver futures ( SI=F ) gained more than 1% to top $34 per ounce ...

  9. Normal backwardation - Wikipedia

    en.wikipedia.org/wiki/Normal_backwardation

    In a state of backwardation, futures contract prices include compensation for the risk transferred from the underlying asset holder to the purchaser of the futures contract. This means the expected spot price on expiry is higher than the price of the futures contract. Backwardation very seldom arises in money commodities like gold or silver.

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