Mumbai, May 12 -- Precious metals speculators continued to cut their net long position slightly 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 162497 contracts in the data reported through May 6, 2025, falling by 821 contracts from the previous week. The net longs are at around 15-month low right now.
Published by HT Digital Content Services with permission from Capital Market....