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CME Group to launch one-ounce gold futures to meet retail investor demand
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2024-12-06 03:32 6,661
Golden Finance reports that in order to meet the strong demand of retail investors as gold prices hit new highs, the Chicago Mercantile Exchange (CME) Group will provide 1-ounce gold futures contracts starting in January 2025. On December 5, CME Group announced that the futures contract will be listed starting on January 13, but it still needs to wait for regulatory approval. The new futures will add to CME Group’s retail-friendly micro gold and silver futures contracts. Micro gold and silver futures are among the fastest-growing metal products, with trading volumes reaching record levels this year, CME said.
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