19.05.2014 - Hedge Funds Cut Gold Bull Bets Most in Month
Hedge funds cut bullish bets on gold futures by the most in a month as holdings of physical bullion in exchange-traded funds dropped to the lowest since 2009. Money managersí net-long position contracted for the second time in three weeks in the five trading sessions ended May 13. The drop in bullion held through global ETPs extended into a ninth week, with about $6.9 billion of value erased...........................................Full Article: Source
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