Copper $ 5.462 / lb 1.89%
Brent Crude Oil $ 63.75 / bbl 0.71%
Palladium $ 1502.2 / ozt 1.36%
Crude Oil $ 60.08 / bbl 0.64%
Natural Gas $ 5.289 / Btu 4.18%
Silver Futures $ 59.053 / ozt 2.59%
Aluminum Futures $ 2861 / ton 0.00%
Micro Gold Futures $ 4273.8 / ozt 0.14%
Micro Silver Futures $ 59.053 / ozt 2.66%
Platinum $ 1660.5 / ozt -0.17%
Gold Futures $ 4243 / ozt 0.08%
Go to MDC Markets

CHARTS: Hedge funds turn commodity bears at record pace

Frik Els | March 20, 2017 | 12:29 pm Base Metals Precious Metals Gold Palladium Platinum Silver 

Anticipation that the US Federal Reserve will raise rates faster than previously expected and impatience with underlying price performance prompted large futures speculators or "managed money" investors such as hedge funds to dramatically cut bullish bets across the commodity sector. [caption...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now