Qingdao International Nonferrous Metal Platform Investment Promotion Agency

Qingdao International Nonferrous Metals Trading Center, call to recruit members for agent account opening and investment. Qingdao International Platform Information. Data released by the U.S. Commodity Futures Trading Commission shows that in the first week after Trump was elected president, hedge funds and fund managers reduced their long positions in gold. contract, on the other hand, speculators added to their short positions. Speculative positions in gold have now fallen to their lowest level since the beginning of the month, when gold prices were around the U.S. dollar. Some analysts believe that current changes in institutional positions have not yet fully reflected the continued downward trend in gold prices.
At the same time, the latest institutional position data shows that in the first week after Trump was elected President of the United States, hedge funds and institutional investors significantly reduced their gold speculative positions, and the net long position in gold fell to a new low in a month this year. This reduced the net long position in gold contracts to 10,000, the lowest since the beginning of this year. Gold prices also fell near key support levels at this year's lowest point.
While speculators are selling futures gold, funds are also selling physical gold sharply. We have reduced our gold spot holdings for several consecutive trading days, which is the longest continuous reduction this year. As of last Thursday and Friday, the world's largest gold holdings, R, fell to tons, the lowest level since last month.
It will be the key defensive position for gold, but the Federal Reserve’s interest rate decision is approaching this month, and interest rate hike expectations are already high, so gold is not optimistic at the moment.
Qingdao International Nonferrous Metals is recruiting investment nationwide. The investment hotline welcomes friends from inside and outside the industry to consult.