Gold Bets Cut by Most Since ’07 as Sugar Bears Grow

Hedge funds cut bets on a rally in gold by the most since 2007 and became the most bearish ever on sugar and coffee as concern that the Federal Reserve will slow U.S. stimulus programs drove prices for raw materials to the biggest loss this year. Money managers and other large speculators reduced…

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Gold Bets Cut by Most Since ’07 as Sugar Bears Grow