Hedge funds cut bullish gold wagers to lowest in 15 weeks
Hedge funds and other large speculators reduced net-long positions by 23%.
Gold Settles $15.50 Higher …. ($1215.30) August Gold…
The European Union’s debt crisis continues to fuel investor demand for gold on a global basis. Investors world-wide appear to using Euro’s to purchase gold as a hedge or “safer haven” to guard against further Euro Dollar weakness. There is sentiment throughout the...
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