Precious metals speculators sharply added to their net long position in the Gold futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Gold futures, traded by large speculators, hedge funds and retailers, totaled a net position of 237050 contracts in the data reported through August 5, 2025, recording a spurt of 13454 contracts from the previous week. The net longs are now at two-week high after having slumped from five-month high in previous week.
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