Gold Short Sellers Seek Direction (AU, NEM, NGD)
November 14, 2013 at 14:26 PM EST
The price of gold bottomed in October below $1,270 only to rebound late in the month to more than $1,350. Short sellers seemed to be looking for direction, as the swings in short interest were mixed. The number of shares sold short in AngloGold Ashanti (NYSE: AU ) and Newmont