Gold Futures Speculative contracts fall for 2nd straight week

Gold Futures CMX: Weekly change of -12,240

GOLD

Gold: Gold speculative contracts declined last week to fall for a second straight week. Gold futures positions declined to a total of +120,206 net speculative positions as of April 2nd following a total of +132,446 contracts that were reported for March 26th. This is a weekly change in net large speculator positions of -12,240 contracts.

Gold speculative positions have been on a steady decline since reaching an apex on October 9th 2012 at +211,949 contracts.

 

See more information and explanation on the weekly COT report from the CFTC website.

By CountingPips.com