» » Oil Price Under Pressure on Output Worries, Hedge Funds Dump Gold

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Gold prices are fighting to stay above $1,250/oz. as positioning data from CFTC shows many funds are dumping longs. Oil prices are also heavy on news of rising output in the Middle East.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2016/10/17/Commodity-Corner-Gold-Price-Oil-Price-Oct-17.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:commodities
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