Jun. 16 at 12:40 PM
Another week of limited #gold selling with specs enjoying a wide price cushion having bought the bulk of their positions back in Fed/Mch at much lower levels. Funds holding #silver not enjoying the same protection, were forced to cut under-water positions by 17% to a three-month low at 29.6k. #Copper saw a limited reaction with long and short positions both being reduced. The PGMs suffered with the #platinum long being cut in half while the #palladium short hit a fresh record at 16k.
$GOLD $GLD $SBSW $NHP $XLB