Speculators set fresh record for bullish COMEX silver bets

July 15, 2016 7:45 PM

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(Adds CFTC data, market background, table) NEW YORK, July 15 Hedge funds and money managers again raised their net long positions in COMEX silver futures and options to fresh record highs in the week to July 12, as spot prices hovered near two-year highs, data showed on Friday.

As gold's safe-haven appeal waned, speculators cut their record bullish bets for the first time in five weeks and raised their net longs in copper, U.S. Commodity Futures Trading Commission (CFTC) data showed. For silver, it was also the fifth straight week of additions. FUTURES AND OPTS RIC Managed...

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