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Hedge funds in net-short position on gold for first time
Add BT as a preferred sourcePublished Sun, Jul 26, 2015 · 09:50 PM
New York
HEDGE funds are holding the first ever bet on a decline in gold prices since the US government started collecting the data in 2006.
The funds and other speculators shifted to a net-short position of 11,345 contracts in New York futures and options in the week ended July 21, according to figures from the US Commodity Futures Trading Commission.
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