GC2412 (Gold - Dec 2024)
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{"futures":{"categoryId":"FT_CA_Precious_Metal","contractCode":"GC2412","contractId":"c996cbb97ed44651bdd2df99289034d0","contractMonth":"202412","currency":"USD","currencyName":"USD","deliveryMode":"Physical","description":{"productAlias":" US GOLD, CMX GOLD","productExchangeUrl":"http://www.cmegroup.com/cn-s/trading/metals/precious/gold_contractSpecs_futures.html","productPriceIncrement":"0.1( USD/troy ounce)( US$10 )","productScale":"100troy ounces","productTradingMonth":"February, April, June, August, October and December","productTradingTime":"18:00(T-1)-17:00","productType":"Precious Metal","productWorth":"US$100 x futures price","worth":100},"exchangeCode":"COMEX","exchangeId":"FT_EX_COMEX","firstNoticeDate":"20241129","firstNoticeDateTimestamp":1732917600000,"hasVWAP":false,"isContinuous":false,"isMain":false,"isOmnibusTrade":true,"isTrade":true,"lastTradingDate":"20241227","lastTradingDateTimestamp":1735336800000,"multiplier":{"offset":0,"value":100},"name":"Gold - Dec 2024","productId":"FT_PD_GC_FUT","productPriceConfig":{"displayMultiplier":{"offset":0,"value":1},"maxScale":1,"priceIncrements":[{"displayPriceIncrement":{"offset":1,"value":1},"priceLowerLimit":{"offset":0,"value":0},"priceUpperLimit":{"offset":0,"value":0}}],"quotesScale":{"offset":1,"value":1},"quotesVendorMultiplier":{"offset":0,"value":1},"tradeMultiplier":{"offset":0,"value":1}},"quotesDisplayType":"Simple","securityType":"FUT","status":"Online","symbol":"GC","symbolId":"FT_SY_GC","symbolName":"Gold"},"tab":"news","tweetList":[{"objectId":369023711383560,"type":1,"entity":{"id":369023711383560,"gmtCreate":1731131262045,"gmtModify":1731294818398,"author":{"id":"3574342323451668","authorId":"3574342323451668","name":"Anto X","avatar":"https://community-static.tradeup.com/news/ce08d9282fb974589970db1f084d6449","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574342323451668","authorIdStr":"3574342323451668"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a> 'Trump Victory Effect' on Futures Gold In the last two days, the gold futures market has experienced 'Trump Victory Effect' which might take another week to finally see the 'true market' effect, here's why: 1. Post-Election Reactions: Following Trump’s win, the market likely experienced volatility due to investor adjustments based on expectations for his policy direction. Immediate reactions to election results often lead to short-term price swings as traders assess potential impacts on fiscal policies, international relations, and economic stability. 2. Market Uncertainty and Safe-Haven Demand: With Trump’s return, there could be increased demand for safe-haven assets like gold, especially among inv","listText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a> 'Trump Victory Effect' on Futures Gold In the last two days, the gold futures market has experienced 'Trump Victory Effect' which might take another week to finally see the 'true market' effect, here's why: 1. Post-Election Reactions: Following Trump’s win, the market likely experienced volatility due to investor adjustments based on expectations for his policy direction. Immediate reactions to election results often lead to short-term price swings as traders assess potential impacts on fiscal policies, international relations, and economic stability. 2. Market Uncertainty and Safe-Haven Demand: With Trump’s return, there could be increased demand for safe-haven assets like gold, especially among inv","text":"$Gold - Dec 2024(GC2412)$ 'Trump Victory Effect' on Futures Gold In the last two days, the gold futures market has experienced 'Trump Victory Effect' which might take another week to finally see the 'true market' effect, here's why: 1. Post-Election Reactions: Following Trump’s win, the market likely experienced volatility due to investor adjustments based on expectations for his policy direction. Immediate reactions to election results often lead to short-term price swings as traders assess potential impacts on fiscal policies, international relations, and economic stability. 2. Market Uncertainty and Safe-Haven Demand: With Trump’s return, there could be increased demand for safe-haven assets like gold, especially among inv","images":[{"img":"https://community-static.tradeup.com/news/5a835d854ae5fc845a9f49d29b760061","width":"1179","height":"2820"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":8,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/369023711383560","isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"comments":[],"streamModify":1731294818398,"id":369023711383560,"gmtCreate":1731131262045,"gmtModify":1731294818398,"author":{"id":"3574342323451668","authorId":"3574342323451668","name":"Anto X","avatar":"https://community-static.tradeup.com/news/ce08d9282fb974589970db1f084d6449","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574342323451668","authorIdStr":"3574342323451668"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a> 'Trump Victory Effect' on Futures Gold In the last two days, the gold futures market has experienced 'Trump Victory Effect' which might take another week to finally see the 'true market' effect, here's why: 1. Post-Election Reactions: Following Trump’s win, the market likely experienced volatility due to investor adjustments based on expectations for his policy direction. Immediate reactions to election results often lead to short-term price swings as traders assess potential impacts on fiscal policies, international relations, and economic stability. 2. Market Uncertainty and Safe-Haven Demand: With Trump’s return, there could be increased demand for safe-haven assets like gold, especially among inv","listText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a> 'Trump Victory Effect' on Futures Gold In the last two days, the gold futures market has experienced 'Trump Victory Effect' which might take another week to finally see the 'true market' effect, here's why: 1. Post-Election Reactions: Following Trump’s win, the market likely experienced volatility due to investor adjustments based on expectations for his policy direction. Immediate reactions to election results often lead to short-term price swings as traders assess potential impacts on fiscal policies, international relations, and economic stability. 2. Market Uncertainty and Safe-Haven Demand: With Trump’s return, there could be increased demand for safe-haven assets like gold, especially among inv","text":"$Gold - Dec 2024(GC2412)$ 'Trump Victory Effect' on Futures Gold In the last two days, the gold futures market has experienced 'Trump Victory Effect' which might take another week to finally see the 'true market' effect, here's why: 1. Post-Election Reactions: Following Trump’s win, the market likely experienced volatility due to investor adjustments based on expectations for his policy direction. Immediate reactions to election results often lead to short-term price swings as traders assess potential impacts on fiscal policies, international relations, and economic stability. 2. Market Uncertainty and Safe-Haven Demand: With Trump’s return, there could be increased demand for safe-haven assets like gold, especially among inv","images":[{"img":"https://community-static.tradeup.com/news/5a835d854ae5fc845a9f49d29b760061","width":"1179","height":"2820"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":8,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/369023711383560","isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"imageCount":1,"langContent":"EN","totalScore":0},{"objectId":367413754052680,"type":1,"entity":{"id":367413754052680,"gmtCreate":1730715713497,"gmtModify":1730720014491,"author":{"id":"3574342323451668","authorId":"3574342323451668","name":"Anto X","avatar":"https://community-static.tradeup.com/news/ce08d9282fb974589970db1f084d6449","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574342323451668","authorIdStr":"3574342323451668"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a><v-v data-views=\"0\"></v-v> Trump x Kamala (Gold version) This week, the U.S. election between Donald Trump and Kamala Harris could bring specific influences to the gold market: • Fiscal Policy Impact: If Trump wins, markets might expect tax cuts and deregulation, which could support the dollar and put slight pressure on gold. However, Trump’s policies could also lead to higher deficits, potentially raising inflation concerns, which would support gold as an inflation hedge. • Spending and Inflation Outlook: A win for Kamala Harris could signal increased government spending on social programs and infrastructure, which may drive inflation higher over time. This expectation would likely boost gold, as it serves","listText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a><v-v data-views=\"0\"></v-v> Trump x Kamala (Gold version) This week, the U.S. election between Donald Trump and Kamala Harris could bring specific influences to the gold market: • Fiscal Policy Impact: If Trump wins, markets might expect tax cuts and deregulation, which could support the dollar and put slight pressure on gold. However, Trump’s policies could also lead to higher deficits, potentially raising inflation concerns, which would support gold as an inflation hedge. • Spending and Inflation Outlook: A win for Kamala Harris could signal increased government spending on social programs and infrastructure, which may drive inflation higher over time. This expectation would likely boost gold, as it serves","text":"$Gold - Dec 2024(GC2412)$ Trump x Kamala (Gold version) This week, the U.S. election between Donald Trump and Kamala Harris could bring specific influences to the gold market: • Fiscal Policy Impact: If Trump wins, markets might expect tax cuts and deregulation, which could support the dollar and put slight pressure on gold. However, Trump’s policies could also lead to higher deficits, potentially raising inflation concerns, which would support gold as an inflation hedge. • Spending and Inflation Outlook: A win for Kamala Harris could signal increased government spending on social programs and infrastructure, which may drive inflation higher over time. This expectation would likely boost gold, as it serves","images":[{"img":"https://community-static.tradeup.com/news/91ad9897b2c59f62679c05de03f72739","width":"1179","height":"2820"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":318,"commentSize":1,"repostSize":20,"link":"https://ttm.financial/post/367413754052680","isVote":1,"tweetType":1,"viewCount":1408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"comments":[],"streamModify":1730720014491,"id":367413754052680,"gmtCreate":1730715713497,"gmtModify":1730720014491,"author":{"id":"3574342323451668","authorId":"3574342323451668","name":"Anto X","avatar":"https://community-static.tradeup.com/news/ce08d9282fb974589970db1f084d6449","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574342323451668","authorIdStr":"3574342323451668"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a><v-v data-views=\"0\"></v-v> Trump x Kamala (Gold version) This week, the U.S. election between Donald Trump and Kamala Harris could bring specific influences to the gold market: • Fiscal Policy Impact: If Trump wins, markets might expect tax cuts and deregulation, which could support the dollar and put slight pressure on gold. However, Trump’s policies could also lead to higher deficits, potentially raising inflation concerns, which would support gold as an inflation hedge. • Spending and Inflation Outlook: A win for Kamala Harris could signal increased government spending on social programs and infrastructure, which may drive inflation higher over time. This expectation would likely boost gold, as it serves","listText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a><v-v data-views=\"0\"></v-v> Trump x Kamala (Gold version) This week, the U.S. election between Donald Trump and Kamala Harris could bring specific influences to the gold market: • Fiscal Policy Impact: If Trump wins, markets might expect tax cuts and deregulation, which could support the dollar and put slight pressure on gold. However, Trump’s policies could also lead to higher deficits, potentially raising inflation concerns, which would support gold as an inflation hedge. • Spending and Inflation Outlook: A win for Kamala Harris could signal increased government spending on social programs and infrastructure, which may drive inflation higher over time. This expectation would likely boost gold, as it serves","text":"$Gold - Dec 2024(GC2412)$ Trump x Kamala (Gold version) This week, the U.S. election between Donald Trump and Kamala Harris could bring specific influences to the gold market: • Fiscal Policy Impact: If Trump wins, markets might expect tax cuts and deregulation, which could support the dollar and put slight pressure on gold. However, Trump’s policies could also lead to higher deficits, potentially raising inflation concerns, which would support gold as an inflation hedge. • Spending and Inflation Outlook: A win for Kamala Harris could signal increased government spending on social programs and infrastructure, which may drive inflation higher over time. This expectation would likely boost gold, as it serves","images":[{"img":"https://community-static.tradeup.com/news/91ad9897b2c59f62679c05de03f72739","width":"1179","height":"2820"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":318,"commentSize":1,"repostSize":20,"link":"https://ttm.financial/post/367413754052680","isVote":1,"tweetType":1,"viewCount":1408,"authorTweetTopStatus":1,"verified":2,"imageCount":1,"langContent":"EN","totalScore":0},{"objectId":365951455703104,"type":1,"entity":{"id":365951455703104,"gmtCreate":1730383726105,"gmtModify":1730449727981,"author":{"id":"3574342323451668","authorId":"3574342323451668","name":"Anto X","avatar":"https://community-static.tradeup.com/news/ce08d9282fb974589970db1f084d6449","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574342323451668","authorIdStr":"3574342323451668"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a><v-v data-views=\"0\"></v-v> Gold is Gold. Happy Shorting. Looking at the recent drop in Gold Futures from a market correction standpoint: 1. Overbought Conditions and Technical Rebalancing Gold has experienced strong rallies in recent quarters, partly fueled by inflation concerns, geopolitical tensions, and the search for safe-haven assets amid economic uncertainties. These factors pushed prices up, potentially leading to overbought conditions in the short term. When assets become technically overbought, a natural correction often follows as investors lock in profits or rebalance portfolios. The recent dip could be a healthy correction, bringing gold’s valuation back into a more sustainable range. 2. Specula","listText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a><v-v data-views=\"0\"></v-v> Gold is Gold. Happy Shorting. Looking at the recent drop in Gold Futures from a market correction standpoint: 1. Overbought Conditions and Technical Rebalancing Gold has experienced strong rallies in recent quarters, partly fueled by inflation concerns, geopolitical tensions, and the search for safe-haven assets amid economic uncertainties. These factors pushed prices up, potentially leading to overbought conditions in the short term. When assets become technically overbought, a natural correction often follows as investors lock in profits or rebalance portfolios. The recent dip could be a healthy correction, bringing gold’s valuation back into a more sustainable range. 2. Specula","text":"$Gold - Dec 2024(GC2412)$ Gold is Gold. Happy Shorting. Looking at the recent drop in Gold Futures from a market correction standpoint: 1. Overbought Conditions and Technical Rebalancing Gold has experienced strong rallies in recent quarters, partly fueled by inflation concerns, geopolitical tensions, and the search for safe-haven assets amid economic uncertainties. These factors pushed prices up, potentially leading to overbought conditions in the short term. When assets become technically overbought, a natural correction often follows as investors lock in profits or rebalance portfolios. The recent dip could be a healthy correction, bringing gold’s valuation back into a more sustainable range. 2. Specula","images":[{"img":"https://community-static.tradeup.com/news/68205246204dd726ca56e891e88346e6","width":"1179","height":"2820"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":38,"commentSize":0,"repostSize":4,"link":"https://ttm.financial/post/365951455703104","isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"comments":[],"streamModify":1730449727981,"id":365951455703104,"gmtCreate":1730383726105,"gmtModify":1730449727981,"author":{"id":"3574342323451668","authorId":"3574342323451668","name":"Anto X","avatar":"https://community-static.tradeup.com/news/ce08d9282fb974589970db1f084d6449","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574342323451668","authorIdStr":"3574342323451668"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a><v-v data-views=\"0\"></v-v> Gold is Gold. Happy Shorting. Looking at the recent drop in Gold Futures from a market correction standpoint: 1. Overbought Conditions and Technical Rebalancing Gold has experienced strong rallies in recent quarters, partly fueled by inflation concerns, geopolitical tensions, and the search for safe-haven assets amid economic uncertainties. These factors pushed prices up, potentially leading to overbought conditions in the short term. When assets become technically overbought, a natural correction often follows as investors lock in profits or rebalance portfolios. The recent dip could be a healthy correction, bringing gold’s valuation back into a more sustainable range. 2. Specula","listText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a><v-v data-views=\"0\"></v-v> Gold is Gold. Happy Shorting. Looking at the recent drop in Gold Futures from a market correction standpoint: 1. Overbought Conditions and Technical Rebalancing Gold has experienced strong rallies in recent quarters, partly fueled by inflation concerns, geopolitical tensions, and the search for safe-haven assets amid economic uncertainties. These factors pushed prices up, potentially leading to overbought conditions in the short term. When assets become technically overbought, a natural correction often follows as investors lock in profits or rebalance portfolios. The recent dip could be a healthy correction, bringing gold’s valuation back into a more sustainable range. 2. Specula","text":"$Gold - Dec 2024(GC2412)$ Gold is Gold. Happy Shorting. Looking at the recent drop in Gold Futures from a market correction standpoint: 1. Overbought Conditions and Technical Rebalancing Gold has experienced strong rallies in recent quarters, partly fueled by inflation concerns, geopolitical tensions, and the search for safe-haven assets amid economic uncertainties. These factors pushed prices up, potentially leading to overbought conditions in the short term. When assets become technically overbought, a natural correction often follows as investors lock in profits or rebalance portfolios. The recent dip could be a healthy correction, bringing gold’s valuation back into a more sustainable range. 2. Specula","images":[{"img":"https://community-static.tradeup.com/news/68205246204dd726ca56e891e88346e6","width":"1179","height":"2820"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":38,"commentSize":0,"repostSize":4,"link":"https://ttm.financial/post/365951455703104","isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"imageCount":1,"langContent":"EN","totalScore":0},{"objectId":359394695635088,"type":1,"entity":{"id":359394695635088,"gmtCreate":1728750840550,"gmtModify":1728876172747,"author":{"id":"3574342323451668","authorId":"3574342323451668","name":"Anto X","avatar":"https://community-static.tradeup.com/news/ce08d9282fb974589970db1f084d6449","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574342323451668","authorIdStr":"3574342323451668"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a> My Futures Gold Weekly Review. When Will 'I Gold You 3,000' Eventually Happen? What happened? During the week of October 7–11, 2024, Gold Futures experienced a mix of cautious trading and significant price movements, ultimately closing the week on a bullish note. • Monday saw range-bound trading as the market awaited key U.S. data, with prices moving between $2,657 and $2,679. • Tuesday brought a 1.15% drop due to strong U.S. economic data, pushing prices down to $2,623, offering quick profit opportunities for short sellers. • Wednesday featured modest recovery, with prices stabilizing around $2,626, though traders faced choppy conditions. • Thursday saw bullish momentum build, as prices climbed 0.51% t","listText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a> My Futures Gold Weekly Review. When Will 'I Gold You 3,000' Eventually Happen? What happened? During the week of October 7–11, 2024, Gold Futures experienced a mix of cautious trading and significant price movements, ultimately closing the week on a bullish note. • Monday saw range-bound trading as the market awaited key U.S. data, with prices moving between $2,657 and $2,679. • Tuesday brought a 1.15% drop due to strong U.S. economic data, pushing prices down to $2,623, offering quick profit opportunities for short sellers. • Wednesday featured modest recovery, with prices stabilizing around $2,626, though traders faced choppy conditions. • Thursday saw bullish momentum build, as prices climbed 0.51% t","text":"$Gold - Dec 2024(GC2412)$ My Futures Gold Weekly Review. When Will 'I Gold You 3,000' Eventually Happen? What happened? During the week of October 7–11, 2024, Gold Futures experienced a mix of cautious trading and significant price movements, ultimately closing the week on a bullish note. • Monday saw range-bound trading as the market awaited key U.S. data, with prices moving between $2,657 and $2,679. • Tuesday brought a 1.15% drop due to strong U.S. economic data, pushing prices down to $2,623, offering quick profit opportunities for short sellers. • Wednesday featured modest recovery, with prices stabilizing around $2,626, though traders faced choppy conditions. • Thursday saw bullish momentum build, as prices climbed 0.51% t","images":[{"img":"https://community-static.tradeup.com/news/1e0e9ff3809c7f924b9051b9c149814f","width":"1179","height":"3218"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":149,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/359394695635088","isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"comments":[],"streamModify":1728876172747,"id":359394695635088,"gmtCreate":1728750840550,"gmtModify":1728876172747,"author":{"id":"3574342323451668","authorId":"3574342323451668","name":"Anto X","avatar":"https://community-static.tradeup.com/news/ce08d9282fb974589970db1f084d6449","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574342323451668","authorIdStr":"3574342323451668"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a> My Futures Gold Weekly Review. When Will 'I Gold You 3,000' Eventually Happen? What happened? During the week of October 7–11, 2024, Gold Futures experienced a mix of cautious trading and significant price movements, ultimately closing the week on a bullish note. • Monday saw range-bound trading as the market awaited key U.S. data, with prices moving between $2,657 and $2,679. • Tuesday brought a 1.15% drop due to strong U.S. economic data, pushing prices down to $2,623, offering quick profit opportunities for short sellers. • Wednesday featured modest recovery, with prices stabilizing around $2,626, though traders faced choppy conditions. • Thursday saw bullish momentum build, as prices climbed 0.51% t","listText":"<a href=\"https://ttm.financial/FUT/GC2412\">$Gold - Dec 2024(GC2412)$ </a> My Futures Gold Weekly Review. When Will 'I Gold You 3,000' Eventually Happen? What happened? During the week of October 7–11, 2024, Gold Futures experienced a mix of cautious trading and significant price movements, ultimately closing the week on a bullish note. • Monday saw range-bound trading as the market awaited key U.S. data, with prices moving between $2,657 and $2,679. • Tuesday brought a 1.15% drop due to strong U.S. economic data, pushing prices down to $2,623, offering quick profit opportunities for short sellers. • Wednesday featured modest recovery, with prices stabilizing around $2,626, though traders faced choppy conditions. • Thursday saw bullish momentum build, as prices climbed 0.51% t","text":"$Gold - Dec 2024(GC2412)$ My Futures Gold Weekly Review. When Will 'I Gold You 3,000' Eventually Happen? What happened? During the week of October 7–11, 2024, Gold Futures experienced a mix of cautious trading and significant price movements, ultimately closing the week on a bullish note. • Monday saw range-bound trading as the market awaited key U.S. data, with prices moving between $2,657 and $2,679. • Tuesday brought a 1.15% drop due to strong U.S. economic data, pushing prices down to $2,623, offering quick profit opportunities for short sellers. • Wednesday featured modest recovery, with prices stabilizing around $2,626, though traders faced choppy conditions. • Thursday saw bullish momentum build, as prices climbed 0.51% t","images":[{"img":"https://community-static.tradeup.com/news/1e0e9ff3809c7f924b9051b9c149814f","width":"1179","height":"3218"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":149,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/359394695635088","isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"imageCount":1,"langContent":"EN","totalScore":0}],"newsList":[],"exchange":{"abbreviation":"New York Commodity Exchange","code":"COMEX","exchangeId":"FT_EX_COMEX","name":"COMEX","securityType":"FUT","status":"Online","weight":30,"zone":"EST","zoneId":"America/New_York","zoneName":"Eastern Standard Time"},"contract":{"categoryId":"FT_CA_Precious_Metal","contractCode":"GC2412","contractId":"c996cbb97ed44651bdd2df99289034d0","contractMonth":"202412","currency":"USD","currencyName":"USD","deliveryMode":"Physical","description":{"productAlias":" US GOLD, CMX GOLD","productExchangeUrl":"http://www.cmegroup.com/cn-s/trading/metals/precious/gold_contractSpecs_futures.html","productPriceIncrement":"0.1( USD/troy ounce)( US$10 )","productScale":"100troy ounces","productTradingMonth":"February, April, June, August, October and December","productTradingTime":"18:00(T-1)-17:00","productType":"Precious Metal","productWorth":"US$100 x futures price","worth":100},"exchangeCode":"COMEX","exchangeId":"FT_EX_COMEX","firstNoticeDate":"20241129","firstNoticeDateTimestamp":1732917600000,"hasVWAP":false,"isContinuous":false,"isMain":false,"isOmnibusTrade":true,"isTrade":true,"lastTradingDate":"20241227","lastTradingDateTimestamp":1735336800000,"multiplier":{"offset":0,"value":100},"name":"Gold - Dec 2024","productId":"FT_PD_GC_FUT","productPriceConfig":{"displayMultiplier":{"offset":0,"value":1},"maxScale":1,"priceIncrements":[{"displayPriceIncrement":{"offset":1,"value":1},"priceLowerLimit":{"offset":0,"value":0},"priceUpperLimit":{"offset":0,"value":0}}],"quotesScale":{"offset":1,"value":1},"quotesVendorMultiplier":{"offset":0,"value":1},"tradeMultiplier":{"offset":0,"value":1}},"quotesDisplayType":"Simple","securityType":"FUT","status":"Online","symbol":"GC","symbolId":"FT_SY_GC","symbolName":"Gold"}}