Gold and silver saw a simultaneous surge in long positions

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Gold and silver saw a simultaneous surge in long positionsGOLD (US$/OZ)TVC:GOLDVili_Wealth_PlanGold and silver saw a simultaneous surge in long positions, while US Treasury short positions collapsed. Gold net long positions increased by 4,963 contracts to 100,627 contracts. Silver net long positions increased by 5,254 contracts to 16,195 contracts. Copper net long positions increased by 10,380 contracts to 73,523 contracts. Data shows that the precious metals sector received clear support from increased long positions. Crude oil speculators' net long positions decreased by 10,947 contracts to 95,332 contracts. Natural gas net short positions in major markets increased by 13,602 contracts to 22,253 contracts. Energy positions showed divergence, with crude oil long positions somewhat contracting while natural gas short positions further strengthened. Euro net long positions were 40,200 contracts. Yen net short positions were 75,102 contracts. Pound net short positions were 43,059 contracts. Swiss franc net short positions were 36,197 contracts. Forex speculative positions maintained a structured pattern, with the euro remaining long while other major currencies continued their net short positions. Overall U.S. Treasury holdings show that speculators have generally reduced their net short positions. Net short positions in 2-year Treasury futures decreased by 70,717 contracts to 1,602,612 contracts. Net short positions in 5-year futures decreased by 59,154 contracts to 1,362,145 contracts. Net short positions in 10-year futures decreased by 34,102 contracts to 781,167 contracts. Net short positions in ultra-long-term Treasury bonds decreased by 20,441 contracts to 238,994 contracts. Net short positions in long-term Treasury bonds decreased slightly by 88 contracts to 172,854 contracts. Data shows that speculative short positions across all Treasury maturities have seen varying degrees of covering.