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Hedge funds take commodity bets back to month high from 1-yr low

Posted on 25 March 2013

Hedge funds and other big speculators have taken their bullish bets on U.S. commodities back to a one-month high from a more than a one-year low, data showed on Friday, as they bought gold this week on fears of financial meltdown in Cyprus.
Reuters calculations of data from the Commodity Futures Trading Comission showed money managers, made up of hedge funds and other speculators, holding a net-long position of $65.2 billion across 22 commodities for the week to March 19………………………………………..Full Article: Source


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