Summary Of November 2015 Activities At TOCOM - November Volume Averaged 100,810 Contracts Per Day, Up 5.1 % - Gold Daily Futures Volume Showed Significant Increase Of 40.7% From October

The Tokyo Commodity Exchange announced today that average daily volume for November 2015 was 100,815 contracts, up 5.1% from October 2015. Volume for Gold, TOCOM’s most active contract, was down 0.9% to 28,790 contracts. However, Gold Daily futures volume had strong gains, up 40.7% to 28,790 contracts. Crude Oil volume rose 17.5% to 17,786 contracts, leading to an overall increase for the month.

Gold Daily futures volume had its best showing since its March 2015 launch, when 29,471 contracts changed hands on November 30th. Gold Daily Futures has no expiration date and is particularly attractive to retail investors.

In November, gold and platinum prices fell with expectations of an impending FRB’s interest rate increase. Crude Oil market remained bearish on oversupply concerns, though the prices temporarily rose on growing geo-political risk after the attacks in Paris.

At the end of November, open interest of all products was 412,542 contracts, an increase of 16,099 contracts, or 4.1%, from October.

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