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

NEW YORK, July 1 (Reuters) - Speculators in gold futures and options
sharply cut their net long positions in the week ended June 28, as bullion
prices slid 3 percent, 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 181,356 -45,145 -78,561 20636 -161,296 27,916
Silver 15,089 -5,207 3,853 5450 -39,620 1,884
Copper 8,893 1,412 38,669 -215 -44,461 1,095

Other NonReport Open

Net Chg Net Chg Interest Chg
Gold 13,201 914 45,300 -4,321 703,831 -46,685
Silver 6,474 1,036 14,202 -3,164 159,867 -28,028
Copper 1,110 -1,187 -4,211 -1,105 124,292 -9,671
=====================================================================
FUTURES ONLY Managed Swaps Producer

Net Chg Net Chg Net Chg
Gold 169,571 -36,688 -56,366 15,894 -152,389 26,598
Silver 13,227 -4,881 8,642 5,836 -37,808 562
Copper 8,895 1,427 38,669 -215 -44,457 1,074

Other NonReport Open

Net Chg Net Chg Interest Chg
Gold -3,669 -637 42,853 -6,768 495,761 -19,255
Silver 2,771 1,556 13,168 -4,198 114,330 -5,908
Copper 1,110 -1,187 -4,217 -1,111 124,236 -9,613
=====================================================================

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; Editing by Lisa Shumaker)