US Commodity Futures Trading Commission data showed net non-commercial gold positions easing to 154.3k from 159.8k in the previous period. The move points to a modest reduction in speculative length as the reporting week progressed. The latest reading implies a decline of 5.5k contracts over the week. The figures capture positioning in CFTC-regulated futures and options markets and offer a snapshot of sentiment towards gold. We see that large speculators are trimming their bullish bets on gold, with net long positions falling by 5,500 contracts to 154.3K. This suggests some profit-taking after the recent climb ... (full story)