Thu, Aug 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Fund Profile more

Funds Cut Bullish Gold Wagers Most This Year: Commodities

Posted on 02 June 2014

Hedge funds pared bets on a gold rally at the fastest pace this year after prices capped the biggest monthly decline since December.
Money managers trimmed their net-long position by 24 percent as a rally in U.S. equities to a record eroded the appeal of alternative assets. Short holdings are now the highest in 15 weeks and assets in exchange-traded products backed by metal the lowest since 2009…………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36545 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31