Friday, June 22, 2012

Reuters: Regulatory News: Specs raise gold, silver longs, trim copper shorts

Reuters: Regulatory News
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Specs raise gold, silver longs, trim copper shorts
Jun 22nd 2012, 19:51

Fri Jun 22, 2012 3:51pm EDT

  June 22 (Reuters) - Money managers increased their net long position in gold  and silver in the week to June 19, data from the Commodity Futures Trading  Commission (CFTC) showed, as signs of a worsening euro zone debt crisis and  economic slowdown around the world boosted precious metals buying.      They boosted their net longs in gold by 4,962 to 104,646 lots. The group  also added their net longs in silver by 178 to 7,490 contracts, while it trimmed  their net short position in copper by 1,449 to 11,897 contracts.         Selected categories from the CFTC weekly Commitment of Traders report:                                                                             FUTURES + OPTS    Managed             Swaps          Producer                                 Net     Chg       Net     Chg       Net     Chg   Gold              104,646   4,962   -19,302    7835  -147,487 -13,443   Silver              7,490     178    15,825    1671   -36,311     -37   Copper            -11,897   1,449    42,997     229   -19,144    -777                          Other         NonReport              Open                                 Net     Chg       Net     Chg  Interest     Chg   Gold               33,365     127    28,778     519   701,862   6,568   Silver              5,492    -296     7,503  -1,517   167,643   1,057   Copper             -2,385    -773    -9,571    -128   144,949  -7,249   =====================================================================         FUTURES ONLY      Managed             Swaps          Producer                                 Net     Chg       Net     Chg       Net     Chg   Gold               93,151   5,278   -11,225   8,373  -152,466 -13,274   Silver              6,077     335    17,893   1,044   -34,847     -79   Copper            -11,897   1,442    42,997     229   -19,084    -779                          Other         NonReport              Open                                 Net     Chg       Net     Chg  Interest     Chg   Gold               43,253  -1,189    27,287     812   418,492   6,248   Silver              4,025     158     6,852   -1458   122,508     428   Copper             -2,385    -772    -9,631    -120   144,845  -7,239   =====================================================================                                                                                                    FUTURES + OPTS         FUTURES ONLY   Gold                                                         Silver                                                       Copper                                                                                                                                 Additional CFTC data can be found at          or                or the CFTC website at  
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