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Funds’ bullish positions in U.S. precious metals futures, options continue to grow — CFTC

Posted on 16 October 2012

Funds increased their net bullish positions in precious metals futures and options contracts traded on Comex division of the New York Mercantile Exchange and the Nymex, making it eight straight weeks of gains for gold and platinum group metals, according to U.S. government data released Friday.
For the week ended Oct. 9, speculators in the Commodity Futures Trading Commission’s weekly commitment of traders report bumped up their net-long positions precious metals in both the legacy and disaggregated reports. Activity for copper was mixed………………………………………..Full Article: Source

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