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Retail Crowd Scoops Up CME's Micro Gold Contract as Precious Metal Soars

By Yahoo! Finance   |   Sep 13, 2024 at 09:26 AM EST
Retail Crowd Scoops Up CME's Micro Gold Contract as Precious Metal Soars

Retail investors are increasingly trading CME Group Inc.'s micro gold futures as the precious metal hits record highs. The surge in demand is driven by expectations of Fed rate cuts, geopolitical tensions, and a desire to diversify from the US dollar. The smaller contract size appeals to retail investors.

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