US Commodity Futures Trading Commission data showed gold non-commercial net positions eased to 207.9K from 210.3K in the prior reading. The move points to a modest reduction in speculative positioning in gold futures.
Decline In Net Long Positions
The latest update marks a 2.4K decline in net longs versus the previous report.
Outlook For Speculative Positioning
Markets will watch whether this drift continues in coming releases or stabilises as price action and macro conditions evolve.