Goldman Sachs has added 3,265 long gold positions at the Tocom. In effect what they are doing is closing some of their short positions. I believe their short positions where in the mid 25,000 a few months ago, now the total is only about 11,000. I will keep tracking these figures daily.
Open Interest: Goldman Sachs Japan Co., Ltd. long: 11865, short: 507
Trading Volume:Goldman Sachs Japan Co. Ltd, short: 81, long: 3265
Numbers are for standard future contracts of 1Kg to buy or sell gold on a future date and for the specified price.
Friday, August 24, 2007
Goldman Sachs Gold Activity
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