Commodity Traders Anticipating Agriculture Commodities gain on Gold Bullish
The survey shows that commodities traders anticipating gains in corn and soybeans and a decrease in copper and raw sugar weeks later. Gold traders are more bullish as investors bought the metal at the fastest pace in a year to protect their wealth from rising European debt crisis.
The fact that occur in commodities trading today
Investors are now making bets $ 130.2 billion in gold and held a record 2,358.2 tons of gold through ETPs.
Bullion rose 21 percent to $ 1,717.80 an ounce on the Comex this year in New York
Standard & Poor's GSCI Index of 24 commodities rose 1.8 percent and the MSCI All-Country World Index retreated 8.9 percent equity.
Raw sugar retreated 27 percent this year to 23.32 cents a pound on ICE Futures U.S. in New York.
Golden survey results: Bullish: 18 Bearish: 2 Hold: 6
Copper survey results: Bullish: 9 Bearish: Hold 12: 5
Corn survey results: Bullish: 13 Bearish: 8 Hold: 4
Soybean survey results: Bullish: Hold 10:: 14 Bearish 2
Raw sugar survey results: Bullish: Bearish 2: 7 Hold: 1
White sugar survey results: Bullish: Bearish 2: 8 Hold: 0
Premium white sugar results: Widen: 4 Narrow: 4 Neutral: 2
Category: cgriculture commodity, commodities trading fact, commodity trader, copper survey, gold bullish 2011, gold survey, Info Commodity
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