Gold Speculative Position Remains Bearish For Sixth Consecutive Week

Large precious metals speculators added to their bearish net positions in the Gold futures markets last week, according to the latest Commitment of Traders data released by the Commodity Futures Trading Commission on Friday.

The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of -10,844 contracts in the data reported through Tuesday September 18th. This was a weekly fall of -3,254 contracts.

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