CFTC: As of the week ending December 17th, speculators’ net long position in COMEX gold decreased by 16252 contracts

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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