Commodity Futures Trading Commission data show speculators hold some of the smallest net-long positions in gold in several years and exchange-traded fund data showed some investors are selling.

FORBES: METALS OUTLOOK: Uncertain Outlook For Gold Next Week

Investors have piled into platinum, as seen by the rising net-long positions in the Commodity Futures Trading Commission data and record holdings in exchange-traded funds.

FORBES: METALS OUTLOOK: Watching Platinum After Recent Strength; Gold Targets $1,700