Speculators Start Selling Precious Metals in US

Kitco reported investors have started selling precious metals, including palladium, on new data from the Commodity Futures Trading Commission.

As quoted in the market news:

Palladium speculators in the legacy report cut both gross longs and shorts, but sliced more gross longs, lowering their net-long to 5,944 contracts. Commercials lowered their net-short position, having cut both gross longs and gross shorts, but sliced more shorts.

Click here to read the full Kitco report.