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Commodity Mid Session News

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(10 Feb 2025, 13:08)

Commodities Buzz: Gold net speculative long positions hit four month high


Precious metals speculators increased their net long positions in the Gold futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Gold futures, traded by large speculators, hedge funds and retailers, totaled a net position of 302508 contracts in the data reported through February 4, 2025, rising by 3099 contracts from the previous week. The net longs have edged up to four month high now.
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