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

Fri Jul 1, 2011 3:51pm EDT

 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)





Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.