You are here

Hedge fund gold wagers slump to their lowest since 2007

[NEW YORK] Hedge funds are the least bullish on gold since 2007 as signs of faster US economic growth bolster the case for the Federal Reserve to trim stimulus and cut demand for haven assets.The net-long position in gold fell 16 per cent to 26,774 futures and options in the week ended Dec 3,

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom