Hedge Funds Slash Bullish Silver Wagers to 22-Month Low
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Hedge funds have significantly reduced their bullish positions on silver, bringing them to a 22-month low. This shift comes in the wake of the White House's decision not to impose import tariffs on critical minerals, including silver. The reduction in bullish sentiment indicates a cautious outlook among money managers regarding the metal's future performance.
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Silver has often been viewed as a safe-haven asset, but recent market dynamics, including inflation concerns and global economic trends, have led to fluctuating demand. The reduction in hedge fund positions could be indicative of a broader trend affecting precious metals as investors reassess their strategies in light of changing economic indicators.
This article is for informational purposes only and does not constitute financial advice.
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