Gold net longs jump as CFTC data shows broad positioning shift
Speculative gold positioning saw its largest weekly increase since early June in the week to August 25. CAD short covering led broader shifts across currencies and commodities.
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Speculative gold positioning saw its largest weekly increase since early June in the week to August 25. CAD short covering led broader shifts across currencies and commodities.
Gold royalty and streaming companies provide capital to miners in exchange for future gold revenue, offering a lower-risk way to gain gold exposure.
All-in sustaining cost (AISC) is a metric that captures the total cost of producing an ounce of gold, including mining, processing, and sustaining capital.
Gold fell more than 3% on Friday as Federal Reserve Chair Kevin Warsh’s remarks on inflation boosted expectations for a September interest rate increase. A stronger dollar added to the decline.
Gold has rallied over 13% in August 2026, one of its best months since the gold standard ended. Despite the blistering pace, the metal remains far from overbought, with seasonal and technical factors still in play.
Jefferies' Christopher Wood highlights a sharp divergence: the S&P 500 has doubled in dollar terms since early 2023 but fallen 21% relative to gold. He warns bond yield suppression could weaken the dollar.
Gold prices dropped more than 2.5% on Friday after Federal Reserve Chair Kevin Warsh delivered hawkish remarks at Jackson Hole. A rising US dollar and higher Treasury yields pushed the yellow metal lower.
A Taurex study covering 2020 to August 2026 shows Google as the best-performing asset (+291%), while Bitcoin fell 30%. Gold, Apple, Microsoft and BAE Systems each delivered gains of more than 100%.
Motilal Oswal advises investors to favour gold over silver, even as Indian equity headwinds ease. The brokerage remains neutral on equities but overweight mid- and small-caps.