Sunday, January 24, 2021

Tag: So what happened to that wonderful new 400-ounce-bar Comex gold futures contract?

So what happened to that wonderful new 400-ounce-bar Comex gold futures contract?

by Chris Powell, Gold Seek:

More than three weeks ago the London Bullion Market Association and CME Group, operator of the New York Commodities Exchange, announced that they were cooperating in the creation of a Comex gold contract offering delivery not just of the usual Comex 100-ounce bar but also the option of a certificate for a one-quarter stake of ownership in a 400-ounce bar.