Australia again--- someone over there must like clinton.
Asia Precious Metals Review: Spot gold falls on Australian sales
Hong Kong--June 19--Selling from Australia drove spot gold lower in thin
trade in Asia on Monday, as many players were sidelined on uncertainty over
gold's future direction, dealers said. The metal will likely trade in a narrow
range in the near term unless fresh leads emerge, they said. Spot platinum and
palladium were quoted higher in Asia compared with their levels in U.S. trade
late Friday, following a rise in the price of the platinum and palladium
contracts of the Tokyo Commodity Exchange (TOCOM), traders said. (Story .2200)
Metals Commitments: Speculative gold shorts slump 72%
New York--June 16--The Commodity Futures Trading Commission commitment of
traders report for gold futures showed that over the last two weeks, up to and
including Tuesday, large speculators' gold short positions fell a massive 43,671
contracts or 72% to only 16,814 contracts. Over the same period, large
speculative longs climbed 11,613 contracts or 58% to 31,474. (Story .2099)
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