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CME Gold Futures hit record volume on Wed

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CHICAGO (Commodity Online): CME Group, the world’s leading and most diverse derivatives marketplace, had record volume yesterday in its COMEX gold futures contract of 424,316 contracts. The prior record was 409,842 on May 25, 2010.

Additionally, it was the third highest volume for the metals complex ever with 560,564 contracts traded in the gold, silver, copper, palladium, platinum and US steel futures and options on futures listings. That record volume for the complex is held at 581,484 on November 27, 2009.
MCX Light Sweet Crude Oil 19 June 2012 contract was trading at Rs 5241 , up Rs. 233 . What's your view on it?
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