Investors Trim Futures, Options in Gold, Silver
Money managers trimmed their net long positions in gold and silver futures and options in the week ended Nov. 22, the Commodity Futures Trading Commission said.
A long position reflects an investor's expectation that the security being invested in will increase in value.
Managed money in gold and silver futures and options declined during the period by 13 percent
In silver futures and options, managed money declined by 18 percent.
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