Hedge Funds Are Dumping Gold Bets at Fastest Rate Since 2008

36
0
SHARE
Gold -gold silver reports - GSR

Gold -gold silver reports - GSRGold Silver Reports — Expectations for another boost in U.S. interest rates are wearing down gold bulls.

Hedge funds and other large speculators cut long positions in bullion futures and options by the most in more than eight years last week. Traders have been exiting as Federal Reserve officials signal higher borrowing costs this year and political uncertainty in Europe eases, reducing demand for gold as a store of value. — Neal Bhai Reports

Hedge Funds Are Dumping Gold Bets at Fastest Rate Since 2008 | Gold Silver Reports