Speculators Cut Bullish Exposure To Precious, Base Metals

Forbes reports CFTC data shows investors are bullish on metals including palladium.

The market news is quoted as saying,

December Comex gold futures settled at $1,829.80 an ounce on Aug. 30, a drop of $31.50, and December silver futures settled at $41.464 an ounce, falling 86.6 cents. Nymex December palladium rose $13 an ounce to $779.30, the only metal to see a price increase during the time frame. October platinum fell $27 an ounce to $1,853.10. Comex December copper rose 12.7 cents a pound to $4.1415.

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