Hedge Funds Pick the Wrong Time to Go Big on Gold as Prices Drop

June 16th, 20189:16 am @


In the week ended June 12, money managers boosted their net-long position, or the difference between bets on a price increase and wagers on a decline, by 11 percent to 64,572 futures and options, according to U.S. Commodity Futures Trading Commission data released Friday.

Article source: https://www.bloombergquint.com/markets/2018/06/15/hedge-funds-pick-the-wrong-time-to-go-big-on-gold-as-prices-drop