Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Darin Newsom

What Was Monday Morning's Market Anomaly?

  • The gold futures market's forward curve was entirely above $3,000 at last Friday's settlement, the first weekly close on record for that achievement. 

  • The latest CFTC Commitments of Traders report showed noncommercial traders increased their net-long futures position from Tuesday-to-Tuesday, stopping a string of 5 consecutive weeks of a decrease in the net-long futures position. 

     

  • The Cash Index has continued to trigger new orders on its monthly chart as well, meaning long-term investors are likely still buying. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.