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Gold Dips as Speculators Slash Long Exposure in COMEX Futures

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • CFTC COT data shows speculators heavily reduced bullish gold bets, with non-commercial longs declining by 19,590 contracts.
  • Overall open interest dropped by 66,065 contracts, signaling widespread long liquidation across the COMEX market.
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