Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Latest Commitment of Traders positions (Commodities) as of August 2nd, 2016

CFTC commitment of traders report was released on Friday (5th August) and cover positions up to Tuesday (2nd August). COT report is not a complete presenter of entire market positions, however, it represents a good chunk of institutional traders, to have a feel of what expected by the big players.

Kindly note, in some cases, numbers are rounded to nearest decimal.

  • Gold – Net position long and increasing

The net-longs in gold increased last week after three weeks of consecutive decline. The net long position rose by 15,228 contracts to +294.2K contracts.               

  • Copper – Net position long and decreasing

After flipping to the long side and increasing further for another week, the long positions decreased last week. The net-longs decreased by 2,136 contracts to 2.6K contracts. Net longs decreased after sixth consecutive week of gains.

  • Silver – Net position long and decreasing

The net long position in silver got reduced by 2,643 contracts to +93.4K contracts. Net-longs saw a decrease after long seven weeks of consecutive gains.

  • WTI Crude – Net position long and decreasing

Crude oil saw another reduction in net long positions by 6,107 contracts to +267.2K contracts. Net longs have declined for sixth consecutive week.              

  • Natural gas – Net position short and decreasing

Natural gas net-shorts declined for third consecutive week. Net-short positions declined sharply  by 23,186 contracts to -102.9K contracts.

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.