Managed-money accounts significantly increased their net long position in gold on a combination of new buying and short covering.

FORBES: Speculators Start Buying Metals Futures, Options Again - CFTC

These traders, who may be long in their core gold position, could be looking for a chance to profit on a temporary dip in prices if a debt ceiling agreement is passed.

FORBES: Gold Prices To Be Driven By News Events Next Week

Managed-money accounts in gold decreased their net-long position to 185, 767 contracts, with a 10, 744 decrease in gross longs and a 1, 333 increase in gross shorts.

FORBES: FOCUS: Speculators Cut Positions Across The Board In Precious Metals -- CFTC

Managed-money accounts significantly increased their net-long position in gold, raising it to 70, 193 contracts, a 62% increase over the week before.

FORBES: FOCUS: Speculators Pick Up Gold, Shed Other Precious Metals In CFTC Data

Managed-money accounts hacked away at their net-long position in gold, dropping it to 92, 498 contracts, a new record low for the disaggregated report and the first time the net long position is under 100, 000 contracts.

FORBES: FOCUS: European Woes Send Speculators Fleeing Metals --CFTC

Managed-money accounts in the disaggregated report added to gold futures and options for the second week in a row, increasing their net-long position to 107, 496 contracts.

FORBES: FOCUS: Speculators Add Again To Precious Metals Futures, Options -- CFTC

Managed-money accounts significantly raised their net-long position in gold to 189, 870 contracts for futures and options combined, the sixth week in a row that speculators added to their net-long position, HSBC said.

FORBES: FOCUS: Speculators Add To Bullish Gold Positions For Sixth Week - CFTC