USD\EUR 0.9050 CNY\EUR 0.1305 CHF\EUR 0.9333 CAD\EUR 0.6895 AUD\EUR 0.6201 EUR\USD 1.1050 CNY\USD 0.1442 CHF\USD 1.0312 CAD\USD 0.7618 AUD\USD 0.6852

Money managers’ bullish gold positioning remains elevated

(Kitco News) – Large speculators did not hike their net-bullish positioning in gold futures during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC), but the positioning remained elevated and left the market susceptible to profit-taking, analysts said.