THE FIRST WEEK OF CME GOLD FUTURES ONLINE IN THE UNITED STATES IS HOME TO ALMOST 15,000 CONTRACTS

On 28 July, CME Group Inc., the United States of America, indicated that its 1 ounce of gold futures round-the-clock (24/7) transactions were on line during the first weekend, albeit with low volatility, but demand was stronger than expected and market liquidity was adequate. During the first weekend of the launch of the new 24/7 trading schedule, nearly 15,000 ounces of gold futures contracts, with a nominal value of approximately $60 million, were concluded. The participants at the Chiffon Institute constitute a similar group of one ounce of gold clients to its existing, and demand continues to come mainly from scattered investors。