12.02.2013 - Speculators buy up precious, base metals futures, options -- CFTC
Speculators returned as buyers in all precious and base metals futures and options traded on the Comex division of the New York Mercantile Exchange and the Nymex, according to U.S. government data, spurred in part by a rise in prices. For the week ended Feb. 5, speculators in the Commodity Futures Trading Commissionís weekly commitment of traders report pushed their net-long positions in the platinum group metals to even higher highs. Funds also bolstered their net-long positions in copper on hopes of a strong economic outlook. There were increases in speculatorsí net-long positions in gold and silver, although the gains were relatively modest in silver...............................................Full Article: Source
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