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News Link • Gold and Silver

Gold Trading Volumes Hit Record High As Dollar Crashes

• by Tyler Durden

Gold has pulled in traders like never before on its way to the highest price in a year.

As Bloomberg details, volume on the COMEX in New York, the largest bullion futures exchange, hit a record in August as North Korean tensions and a weaker dollar boosteddemand for the metal.

Some 6.55 million contracts -- worth almost $900 billion now -- changed hands last month, more than when Donald Trump was elected U.S. president or during substantial price spikes and slumps.

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