CORRECTED - Speculators cut net length in gold, silver, raise copper

Fri Jun 17, 2011 3:55pm EDT

 (Corrects to remove reference to fourth straight weekly loss in first
paragraph)
 NEW YORK, June 17 (Reuters) - Speculators in gold future and options cut
their net long positions in the week ended June 14, as bullion prices fell 1
percent during the period, according to the latest data from the U.S. Commodity
Futures Trading Commission.
Selected categories from the CFTC weekly Commitment of Traders report:
FUTURES + OPTS    Managed             Swaps          Producer      
                   Net     Chg       Net     Chg       Net     Chg
Gold              203,820 -12,400   -90,623    5346  -178,804   6,632
Silver             16,242  -1,054    -2,110    -855   -38,431   1,242
Copper              8,954     892    39,521     976   -48,472  -1,358
                 Other         NonReport              Open      
                   Net     Chg       Net     Chg  Interest     Chg
Gold               18,032   2,958    47,576  -2,535   718,929 -11,096
Silver              6,583     529    17,716     138   183,647  -3,340
Copper              1,780     114    -1,784    -625   132,735   9,615
=====================================================================
FUTURES ONLY      Managed             Swaps          Producer      
                   Net     Chg       Net     Chg       Net     Chg
Gold              187,786  -8,084   -66,239   3,711  -171,190   6,544
Silver             14,945    -105     1,972    -906   -35,196   1,010
Copper              8,954     892    39,521     976   -48,447  -1,354
                 Other         NonReport              Open      
                   Net     Chg       Net     Chg  Interest     Chg
Gold                3,909   1,071    45,734  -4,377   497,780  -4,471
Silver              1,642    -307    16,637    -941   118,846  -2,345
Copper              1,780     114    -1,808    -649   132,616   9,621
=====================================================================
                    FUTURES + OPTS         FUTURES ONLY
Gold                   <0#3CFTC088691>     <0#1CFTC088691>
Silver                 <0#3CFTC084691>     <0#1CFTC084691>
Copper                 <0#3CFTC085692>     <0#1CFTC085692>
Additional CFTC data can be found at <0#CFTC> or CFTCGUIDE
or the CFTC website here
 (Reporting by Frank Tang)





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