According to the CFTC Commitments of Traders report released Friday, gold speculators and hedge funds trimmed their bullish net positions to the lowest level since June during the week ended Sept. 22. The net position was 21,060 contracts – down 21,917 net contracts from the preceding week’s tally of 240,977 contracts. Last week, the yellow metal fell by 4.6% to register its biggest weekly percentage decline since March., as the dollar’s broad-based recover rally gathered pace on renewed coronavirus fears, political uncertainty in the US. At press time, the metal is trading at $1,860 per ounce. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: Sell-off stalls ahead of Lagarde’s speech FX Street 2 years According to the CFTC Commitments of Traders report released Friday, gold speculators and hedge funds trimmed their bullish net positions to the lowest level since June during the week ended Sept. 22. The net position was 21,060 contracts – down 21,917 net contracts from the preceding week's tally of 240,977 contracts. Last week, the yellow metal fell by 4.6% to register its biggest weekly percentage decline since March., as the dollar's broad-based recover rally gathered pace on renewed coronavirus fears, political uncertainty in the US. At press time, the metal is trading at $1,860 per ounce. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
