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    market news

    Speculators Add to Bullish Palladium Position

    Investing News Network
    Dec. 12, 2011 02:21PM PST
    Precious Metals

    Kitco reported the U.S. government released data showed investors increased bullish exposure to palladium.

    Kitco reported the U.S. government released data showed investors increased bullish exposure to palladium.

    As quoted in the market news:

    Managed-money accounts hiked gross longs in palladium and trimmed gross shorts, raising the net-long to 5,849 contracts. Non-commercials saw their net-long position rise as gross longs were added and gross shorts eliminated. They are net-long 6,383 contracts.

    Click here to read the full Kitco report.

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