Bullish bets on gold slashed for the 2nd straight week - CFTC

According to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday, the large speculators and hedge funds cut their bullish bets on gold by -27,647 contracts from the previous week to a net position of 106,038 contracts in the week ended March 14th.

Meanwhile, hedgers or traders increased bullish positions in gold to a net position of -123,287 contracts last week, rising 29,361 contracts from the previous week.

    1. R3 1229.57
    2. R2 1229.44
    3. R1 1229.18
  1. PP 1229.05
    1. S1 1228.79
    2. S2 1228.66
    3. S3 1228.40


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.