CFTC Expanded Metals Holdings of Traders for Oct. 25

Following is a table detailing net long positions, or bets prices will rise, held by producers and merchants, swap dealers, money managers and other traders for metals contracts in the week ending Oct. 25, according to the Washington-based Commodity Futures Trading Commission:

================================================================================
                      -----Net Long Positions-----   ---------Spreading---------
                       Oct. 25   Oct. 18    Change   Oct. 25   Oct. 18    Change
================================================================================
                       -----------------------Palladium------------------------
Net speculative long     6,642     7,162      -520       n/a       n/a       n/a
 Managed Money           6,207     6,502      -295       125       144       -19
 Other Reportables         435       660      -225       350       346         4
--------------------------------------------------------------------------------
Net commercial long     -6,433    -6,693       260       n/a       n/a       n/a
 Swap dealers            3,542     3,596       -54       277       263        14
 Producer/merchant      -9,975   -10,289       314       n/a       n/a       n/a

================================================================================
                      -----Net Long Positions-----   ---------Spreading---------
                       Oct. 25   Oct. 18    Change   Oct. 25   Oct. 18    Change
================================================================================
                       ------------------------Platinum------------------------
Net speculative long    19,712    20,180      -468       n/a       n/a       n/a
 Managed Money          12,096    13,104    -1,008        61        73       -12
 Other Reportables       7,616     7,076       540       176       255       -79
--------------------------------------------------------------------------------
Net commercial long    -22,275   -22,574       299       n/a       n/a       n/a
 Swap dealers           -8,776    -8,811        35       266       244        22
 Producer/merchant     -13,499   -13,763       264       n/a       n/a       n/a
                       -------------------------Silver-------------------------
Net speculative long    11,022    10,352       670       n/a       n/a       n/a
 Managed Money          10,814     9,514     1,300     6,201     4,683     1,518
 Other Reportables         208       838      -630    15,379    15,522      -143
--------------------------------------------------------------------------------
Net commercial long    -23,516   -18,774    -4,742       n/a       n/a       n/a
 Swap dealers           11,821    13,870    -2,049     4,661     4,106       555
 Producer/merchant     -35,337   -32,644    -2,693       n/a       n/a       n/a

================================================================================
                      -----Net Long Positions-----   ---------Spreading---------
                       Oct. 25   Oct. 18    Change   Oct. 25   Oct. 18    Change
================================================================================
                       --------------------------Gold--------------------------
Net speculative long   129,721   126,978     2,743       n/a       n/a       n/a
 Managed Money         126,570   117,899     8,671     5,953     4,995       958
 Other Reportables       3,151     9,079    -5,928    17,565    18,263      -698
--------------------------------------------------------------------------------
Net commercial long   -168,114  -159,153    -8,961       n/a       n/a       n/a
 Swap dealers            6,723     8,731    -2,008    15,614    15,311       303
 Producer/merchant    -174,837  -167,884    -6,953       n/a       n/a       n/a
                       -------------------------Copper-------------------------
Net speculative long    -2,938    -5,339     2,401       n/a       n/a       n/a
 Managed Money          -5,049    -8,322     3,273     7,790     6,195     1,595
 Other Reportables       2,111     2,983      -872     8,095     6,503     1,592
--------------------------------------------------------------------------------
Net commercial long     10,902    13,547    -2,645       n/a       n/a       n/a
 Swap dealers           37,493    37,734      -241     9,326     9,271        55
 Producer/merchant     -26,591   -24,187    -2,404       n/a       n/a       n/a

================================================================================
                      -------Open Interest-------
                       Oct. 25   Oct. 18    Change
================================================================================
Palladium               18,747    19,398      -651
Platinum                37,291    37,657      -366
Silver                 107,066   103,357     3,709
Gold                   443,723   437,739     5,984
Copper                 129,893   129,014       879
================================================================================
NOTE: Spreading is calculated as the amount of offsetting futures in 
different calendar months. Intermarket spreads are not included.

To contact the reporter on this story: Mike Sebany in Washington at msebany@bloomberg.net

To contact the editor responsible for this story: Alex Tanzi at atanzi@bloomberg.net

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