Mumbai, March 10 -- Precious metals speculators sharply cut 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 243261 contracts in the data reported through March 4, 2025, slumping by 18364 contracts from the previous week. The net longs are holding near three and half month low now.
Published by HT Digital Content Services with permission from Capital Market....