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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Speculators add to bullish gold positions for sixth week –CFTC

Posted on 02 October 2012

For the sixth straight week, speculators added to their bullish gold futures and options contracts traded on the Comex division of the New York Mercantile Exchange and bumped up their bullish positioning in most other Comex and Nymex precious and base metals, according to U.S. government data released Friday.
For the week ended Sept. 25, speculators in the Commodity Futures Trading Commission’s weekly commitment of traders report added to their net-long positions in gold, platinum group metals and base metals markets for both the disaggregated and legacy reports. Speculators’ bullish positions in silver rose in the disaggregated report but were slightly pared back in the legacy report………………………………………..Full Article: Source


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