Hedgies Rush into commodities; Gold looking out a bit in weeks

Hedge funds and other large speculators back in large numbers to the commodity futures in the week ended Wednesday, according to data released today.

But not all types of contract eventually attract larger flows of funds that manage a variety of hedging strategies and investment through the futures market.

The latest Data the Commodity Futures Trading Commission, presented in the so-called commitment of Traders report, indicated that future cuts funds to manage their old positions in the bit NET gold and silver.

However, other large speculators hedgies and makes big moves in other areas. They doubled their old position in net heating oil, the largest increase in one-week contract since the beginning of 2010. The other major move seen in crude oil, gasoline, soybeans, and sugar. Skip the sugar is the largest since December 2009, according to a review by Reuters.

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