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Gold Surges as Speculative Long Positions Jump in Latest COT Report

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

News Summary

  • CFTC COT data reveals a sharp increase in speculative bullish positioning for gold futures.
  • Non-commercial long positions surged by 23,923 contracts, while total open interest expanded by 28,758 contracts, underscoring strong institutional buying interest.
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