With the newsworthy events of the last few weeks including the assassination of Iranian general Soleimani, retaliatory missile attacks against US forces in Iraq, and now the coronavirus, gold has just broken all-time records for volume on the world’s futures exchanges. Clearly, gold is a market which is gaining interest and momentum at this very moment.

Yet what exactly does volume really tell us? Is all-time record high volume a good sign or a bad omen for the future of gold?

Let us examine these questions and more in this gold price update.

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