GOLDBUGS AMEX Goldbugs Index (GOLD)

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Peek Into Gold Future Through Futures

* October 1, 2016

The following are futures positions of non-commercials as of September 27, 2016.

Gold: Yet another lower high since the July 6th high of $1,357.5/ounce. The spot was also not able to save the 50-day moving average which it had captured last week. Should the metal continue to come under pressure, the $1,300 level has provided solid support since late June this year.

In the week ended Wednesday, GLD, the SPDR gold ETF, lost $77 million, after inflows of $374 million in the prior week (courtesy of ETF.com).

Currently net long 291.9k, down 35.7k.



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