Hedge funds’ bullish bets on gold jump to four-year high
Hedge funds and other large speculators boosted their net-long position in gold.
India’s Gold demand is likely to remain muted in 2012 and could stay at levels seen in 2011, said Commerzbank in a research note. In 2011 central bank buying more than offset understated Indian demand as per the latest IMF statistics. India imported only…