Gold and Silver Updates


The Gold costs have recorded losses on the third consecutive day. In keeping with hedge funds, gold diminished 46859 internet lengthy positions to 105270 tons, that is lowest since twenty fourth November 2020. Lengthy-only positions down 43975 to 158862 tons, lowest because the 1tsi of December 2020. Brief solely positions up 284 to 53592 tons highest since June 2019. Hedge Funds have constructed the very best quick positions since April 2018. However as gold costs slid down, crude costs however have seen a steep rise. To debate extra on gold and crude costs we’ve got Peter Cardillo of Spartan Capital Securities LLC solely on ET Now. Watch!


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