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Net gold and silver long positions cut last week

Mineweb | May 14, 2011 | 9:56 am Base Metals Precious Metals Copper Gold Silver 

Speculators in gold, silver and copper futures and options sharply cut their net long positions in the week ended May 10.

Metal prices sold off during a commodities rout during the period, according to the latest report by the U.S. Commodity Futures Trading Commission.

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