Hedge funds and other large speculators boosted net-long positions by 11% to 197,362 as of Nov. 12, the lowest in 14 weeks.
Bill to ensure parity between USGS critical minerals and DOE materials lists to strengthen the domestic supply chain and include copper, electrical steel and silicon.
Limits creates potential supply risks to utilities operating American reactors that generate almost a fifth of the country’s electricity.
The precious metal has fallen about 8% from a record high on Oct. 31, with losses accelerating after Trump’s election victory last week.
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