On May 10th, according to the US Commodity Futures Trading Commission (CFTC), as of the week ending May 6th, speculators’ net long position in COMEX gold decreased by 3558 contracts to 112307 contracts, hitting a 14 month low; COMEX silver futures speculative net long position decreased by 1004 lots to 30248 lots. COMEX copper futures speculative net long position increased by 3325 lots to 23338 lots.
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