| 22.04.2013 Hedge funds increased net bet on higher gold prices during last week’s selloff |
| From Precy Dumlao, Opalesque Asia – Hedge funds are piling up on gold despite the drop in prices, data from the U.S. Commodity Futures Trading Commission (CFTC) showed, BusinessWeek reported. Indeed, gold prices plunged the most in 33 years last week. Data from the CFTC showed that hedge fund managers and other speculators had raised their gold net long positions by 9.8% to 61,579 futures and |
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