According to the latest data released by the Commodity Futures Trading Commission (CFTC), gold speculative net positions in the United States have increased. The previous indicator, which stood at 131.2K, has now risen to 140.3K. This significant uptick indicates a growing bullish sentiment towards gold among speculators in the country.
The data, last updated on 23 February 2024, provides insights into the current market sentiment surrounding gold in the US. Investors closely monitor these figures as they offer valuable information on the positioning and sentiment of market participants. The increase in speculative net positions suggests a heightened interest in gold as a potential safe-haven asset amidst economic uncertainties globally.
