Gold Is A Fantastic Commodity - CME Group Precious Metals Head

Kitco News’ Daniela Cambone joins CME Group’s executive director of metals products Harriet Hunnable at the NYMEX to talk about recent gold activity and how she sees the market set up. Hunnable says there is “lots more activity on the exchange” and she notes that trading coming from Asian markets is important to consider. “I’m really excited how the Renminbi market is coming along,” she says. “The Renminbi is actually going to be a much more important currency than it has been in the past...that’s the market to watch.” Looking at gold, Hunnable says the metal is really trading around equity, Forex and interest rate volatility. “Gold is universal, whether you’re in Switzerland, or you’re in New York or you’re in Hong Kong, people want to trade gold, it’s a fantastic commodity.” Tune in to our exclusive interview from the NYMEX. Kitco News, March 27, 2015. (show less)

Kitco News’ Daniela Cambone joins CME Group’s executive director of metals products Harriet Hunnable at the NYMEX to talk about recent gold activity and how she sees the market set up. Hunnable says there is “lots more activity on the exchange” and she notes that trading coming from Asian markets is important to consider. “I’m really excited how the Renminbi market is coming along,” she says. “The Renminbi is actually going to be a much more important currency than ... (read more)

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