Fund Managers Slash Net Length In Precious Metals

Forbes reports that precious metals were down across the board last week.

The market news is quoted as saying,

All of the precious metals fell during the week covered by the most recent CFTC data, released on Friday. Comex August gold settled at $1,500.20 an ounce on June 28, down $46.20 from the June 21 close. September silver fell $2.741 for the week to $33.652. October platinum lost $57.10 to $1,693.50, while September palladium slid $32.10 to $735.15.

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