Similar Stories to Focus: Speculators Add To Gold Positions, But Cut Other Metals -cftc on Bing News

A rise in gold prices enticed speculators back to the gold futures and options markets, but the industrial metals were left out of the shopping trip as funds cut bullish positions in those markets on the Comex division of the New York Mercantile Exchange and on the Nymex, according to U.S.

Topics:  comex   new york mercantile exchange   nymex   u.s    speculators   gold   positions   cut   metals   markets   
BING NEWS:
  • Recent drop in gold speculative positions almost entirely been driven by long liquidation
    While the recent correction in gold was the worst in more than a year, Saxo's Head of Commodity Strategy Ole Hansen calls it a "healthy response" to weeks of election-focused buying.
    11/19/2024 - 9:00 pm | View Link
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