Commodities Buzz: Gold net speculative longs slide further

Precious metals speculators saw yet another sharp decline in 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, totalled a net position of 179548 contracts in the data reported through November 3, 2026, sliding 6903 contracts from the previous week and staying around three-month low.

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