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16.10.202619:30:00UTC+00Gold Bulls Trim Exposure as CFTC Net Long Positions Edge Lower

Speculative net long positions in gold futures in the United States slipped modestly in the latest reporting period, signaling a slight cooling in bullish sentiment toward the precious metal. According to CFTC data updated on 16 October 2026, net speculative positions declined to 207.9K, down from the previous level of 210.3K.

The marginal pullback suggests that while investors remain broadly positive on gold, some traders have taken profits or reduced risk exposure at the margin. Market participants will be watching upcoming macroeconomic data and interest rate expectations closely to see whether this easing in speculative positioning marks the start of a broader repositioning or simply a brief pause in gold’s recent momentum.

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