NEW YORK, March 1 (Reuters) – Hedge funds and money managers increased their
net long gold futures and options positions in the week to Feb. 26 after they
cut them sharply in the previous period, Commodity Futures Trading Commission
data showed on Friday.
Speculative investors raised net longs in gold by 11,861 lots to 54,180, the
CFTC’s Commitment of Traders report said. Specs trimmed net length in silver
again by 5,215 contracts to 11,652, and they decreased copper length by 18,585
contracts, switching it to a net short position of 7,172 in the latest reporting
week.
Selected categories from the CFTC weekly Commitment of Traders
report:
FUTURES + OPTS Managed Swaps Producer
Net Chg Net Chg Net Chg
Gold 54,180 11,862 -26,673 -2869 -107,625 -3,394
Silver 11,652 -5,215 8,233 5340 -39,138 2,003
Copper -7,172 -18,585 43,325 3104 -45,290 11,716
Other NonReport Open
Net Chg Net Chg Interest Chg
Gold 59,459 3,398 20,660 -8,995 642,459 -23,644
Silver 9,543 180 9,710 -2,308 178,020 -16,696
Copper 6,436 8,589 2,701 -4,825 161,489 -17,189
=====================================================================
FUTURES ONLY Managed Swaps Producer
Net Chg Net Chg Net Chg
Gold 50,853 8,043 -28,481 -834 -109,139 -4,704
Silver 12,585 -5,391 7,914 5,731 -38,800 1,339
Copper -7,165 -18,578 43,325 3,104 -45,290 11,713
Other NonReport Open
Net Chg Net Chg Interest Chg
Gold 65,746 4,905 28,431 -5387 447,290 12,202
Silver 9,152 672 11,500 -3225 155,353 2,536
Copper 6,437 8,533 7,465 1580 161,180 3,931
=====================================================================
FUTURES + OPTS FUTURES ONLY
Gold
Silver
Copper
Additional CFTC data can be found at or
or the CFTC website at http://www.cftc.gov/marketreports/commitmentsoftraders/index.htm
(Reporting By Frank Tang)
