CFTC: As of the week ending February 18th, speculators’ net long position in COMEX gold decreased by 13605 contracts

On February 22, according to the US Commodity Futures Trading Commission (CFTC), the net long position of COMEX gold held by speculators decreased by 13605 contracts to 201962 contracts in the week ending February 18, hitting a six week low. The net long position in COMEX silver increased to 39402 contracts, reaching a new high in 16 weeks. The net long position in COMEX copper increased to 26595 contracts, reaching a new high in over four months. The net long position in NYMEX platinum decreased to 19573 contracts, and the net short position in NYMEX palladium decreased to 7109 contracts.

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