Mumbai, Feb. 9 -- Precious metals speculators continued to trim their net long position in the Gold futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Gold futures, traded by large speculators, hedge funds and retailers, totaled a net position of 165604 contracts in the data reported through February 3, 2026, recording a massive slide of 39792 contracts from the previous week. Previous week had also seen a similar tumble. The net longs have dipped to eight-month low.

Published by HT Digital Content Services with permission from Capital Market....