OctaFX | OctaFX Forex Broker
Open trading account
Back

Gold net bullish positions rose for third week last week

FXStreet (Mumbai) - The latest data released by the Commodity Futures Trading Commission (CFTC) showed speculators pushed up their net bullish positions in Gold higher for a third consecutive week last week.

The non-commercial futures contracts of Comex gold futures, traded by large speculators and hedge funds, witnessed a weekly change of +10,174 contracts to total a net position of +86,819 contracts in the data reported through October 6th. The weekly bullish positions rose by 8,208 contracts combined with a fall in the weekly bearish positions by -1,966 contracts.

The commercials, hedgers or traders engaged in buying and selling for business purposes, increased their overall bearish positions for a third week to a net total position of -88,469 contracts.

USD/CAD: Loonie sits at multi-month highs, near 1.2915

The Canadian dollar emerged the best performer amongst the G10 currencies in the Asian session on Monday, mainly boosted by higher oil prices.
Read more Previous

USD/JPY clings to hourly 100-SMA

The USD/JPY pair stalled its recovery-mode at hourly 20-SMA and retraced slightly to trade within the familiar ranges on the 120 handle.
Read more Next
Start livechat