Commodities Buzz: Gold net speculative long positions slip to two-year low

Precious metals speculators marginally cut 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 159177 contracts in the data reported through February 24, 2026, recording a drop of 738 contracts from the previous week. Last few weeks have seen sustained declines in net longs which are currently around two-year low.

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