16.03.2015 - Hedge Funds Exit Gold at Fastest Pace in 18 Weeks on Fed Outlook

Hedge funds exited gold at the fastest pace in more than four months on mounting speculation the Federal Reserve is getting closer to raising U.S. interest rates that have been near zero since 2008. Money managers cut their net-long wagers for a sixth week, U.S. government data show. Investors sold 18.9 metric tons of bullion held through exchange-traded products last week, the biggest reduction since November...............................................Full Article: Source

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