Gold Wagers Jump to 5-Month High as Fed Spurs RallyBloomberg
Sep. 03, 2012
Eminem: It's Been 'Embarrassing' To Be White, 'I Feel Like Checking Out On Life'
Philly City Council Approves Bill Banning Bulletproof Glass From Shops
Anti-Trump Lib Called A 'White B*tch,' Robbed For Being A 'Trump Supporter'
Virginia: Illegal Alien Steals Family's Heirloom Rings, Jury Rewards Her With $80
German TV Show Finds 'Merkel Blocks' Stop Nothing
Speculators increased bets on rising gold prices to the highest since March as mounting speculation that the Federal Reserve will expand its record stimulus drove bullion to its second-biggest monthly gain this year.
Money managers raised their net-long positions by 19 percent to 131,687 futures and options contracts in the week to Aug. 28, U.S. Commodity Futures Trading Commission data show. Combined bets across 18 U.S. commodities fell 1.9 percent to 1.3 million contracts, still near the highest in 15 months. The Standard & Poor’s GSCI Spot Index of 24 commodities gained for a fifth straight week, the longest rally since June 2011.