CFTC Commitments of Traders – Safe Haven Buying in Gold Resumed

<p>Net length in gold futures increased as a rise in speculative long positions was accompanied by a fall in speculative shorts. Traders also resumed accumulating gold on price correction. We expect net length in the yellow metal to rise further in the coming week as safe haven demand reemerged amidst the second wave of coronavirus [&#8230;]</p>
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