On December 21st, according to the US Commodity Futures Trading Commission (CFTC), as of the week ending December 17th, speculators’ net long positions in COMEX gold decreased by 16252 contracts, hitting a four week low at 203937 contracts. The net long position of COMEX silver held will reach 22078 contracts, hitting a new low in over nine months. The net long position of COMEX copper held will reach 6321 contracts, hitting a new low in over nine months. Switching to holding a net short position of 106 contracts in NYMEX platinum, setting a new 14 week high. The net short position in NYMEX palladium increased to 8924 contracts, reaching a 14 week high.
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