The gold market appears to be building a solid base as price continues to rise even as bullish speculative interest among hedge funds starts to slow, according to the latest trade data from the Commodity Futures Trading Commission. The CFTC's disaggregated Commitments of Traders report for the week ending March 26 showed money managers decreased their speculative gross long positions in Comex gold futures by 9,582 contracts to 163,006. At the same time, short positions also fell, dropping by 2,481 contracts to 27,211. Gold is now net long 135,795 contracts. Although speculative positioning has remained relatively ... (full story)