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.


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



