HKEX USD Gold Futures Hit Record 6,676 Contracts on July 6

XAU-1.06%
According to Hong Kong Exchanges and Clearing (HKEX), on July 6, the exchange's USD gold futures daytime session recorded 6,676 contracts traded, marking a new all-time high and surpassing the previous record of 3,039 contracts from November 7, 2022. Bid-ask spreads in active contract months tightened to one to two ticks, with August contracts narrowing to 0.01 US dollars (one tick) and December contracts to two ticks.
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