Gold: At $1326.50 in early European trading on Monday, #gold is some $20+ off Friday's intraday
If that looks like a large move in the net long positioning in #gold, that's because it is. Based on the calculations I've made this morning, that's the largest one-week increase in net-long gold positions recorded since 2006, which is as long as this data series goes back to.
The increase contributed to a decent move higher in the #gold price over the same period. Gold increased by $46/oz over the week, and this is right in line with the median move in gold per million ounce change in net Managed Money position since 2016.