The Traderszone Network

Published in TZ Latest News 25 May, 2017 by The TZ Newswire Staff

Gold futures curve

I’ve been looking at the Gold futures recently…

I see the front 2 months are generally lower than the spot and after that (July at the moment) they trade higher. So basically there is backwardation for the first 60 days and after that contango…

What’s the reason for the first months to trade low? Is that because you don’t want to be settled in physical gold?