Mumbai, Aug. 4 -- Precious metals speculators sharply cut their net long position 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 223596 contracts in the data reported through July 29, 2025, recording a slide of 29442 contracts from the previous week. The net longs have slumped from five-month high.

Published by HT Digital Content Services with permission from Capital Market....