| Gold traders are bullish for a fourth consecutive week after hedge funds added to bets that prices will rally, exchange-traded products (ETP) backed by the metal expanded and Europe’s debt crisis roiled markets.
Twenty-four analysts surveyed by Bloomberg said they expect gold to gain next week and six were bearish. A further three were neutral. Speculators boosted net-long positions by 27 per cent in the week ended June 5, the latest Commodity Futures Trading Commission data show...............................................Full Article: Source
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