Hedge Funds Slash Bullish Gold Price Bets Again

(Mining.com) On Monday gold continued to build on its gains on Friday in response to a worse than expected US jobs report and a weaker dollar.In thin holiday trade, gold futures trading on the Comex market in New York for delivery in December, the most active contract, were exchanging hands at $1,330.60 an ounce, up more than $20 since the release of the payroll data.

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