Speculators Add Bullish Bets on Gold for Third Consecutive Week as BofA Survey Calls It Undervalued
According to CFTC data and Bank of America's latest survey, speculative investors increased their bullish positions on gold for the third consecutive week through Aug. 18, driven by growing concerns over U.S. government debt sustainability. Money managers raised gross long positions in Comex gold
XAU+0.38%
GateNews·08-25 14:34
