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Tokyo Commodity Exchange today announced that November 2010 trading volume averaged 138,090 contracts per day, up 27.9% from October 2010. This records the double digit increase for the third consecutive month. Gold standard, which is TOCOM’s most traded commodity, increased by 29.4% from the previous month to 61,317 contracts per day and contributed to the increase of the monthly volume. Gold mini surged by 70% to 16,839 contracts per day and rubber by 63.2% to 19,738 contracts, which also greatly contributed to the monthly volume increase. The rest on the Precious Metals market, silver and palladium increased by 80.2% and by 73.3% respectively.
At the end of November 2010, open interest in all listed commodities totaled 329,611 contracts, increase of 13,033 contracts from the end of the previous month.
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