Palladium Takes Brunt of Metals Reduction

Kitco reported speculators increased their positions in gold, but industrial metals like palladium were cut.

As quoted in the market news:

For the week ended March 27, speculators in the Commodity Futures Trading Commission’s weekly commitment of traders report increased their net-long positions in gold, but cut back in silver, the platinum group metals and copper, with palladium taking the brunt of the reduction. This was seen in both the disaggregated and legacy reports.

Click here to read the full Kitco report.