Did you know that over 95% of gold trading is contracts and not physical gold?
Approximately 95% – 98% are futures and derivatives, and 2% – 5% is actual physical gold only.
Therefore, the idea that it rises strongly and crashes strongly is just a number on the Comex exchange, with less than 3% of contracts ending with physical gold delivery and 97% being closed financially.
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Did you know that over 95% of gold trading is contracts and not physical gold?
Approximately 95% – 98% are futures and derivatives,
and 2% – 5% is actual physical gold only.
Therefore, the idea that it rises strongly and crashes strongly is just a number on the Comex exchange, with less than 3% of contracts ending with physical gold delivery and 97% being closed financially.
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