CFTC commitment of traders report was released on Friday (15th December) and cover positions up to Tuesday (12th December). 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 decreasing
Long positions declined for a second consecutive week. The net long position decreased by 66,261 contracts to +107.1K contracts.
- Copper – Net position long and increasing
Long positions rose last week. The net longs increased by 1,101 contracts to +27.7K contracts.
- Silver – Net position long and decreasing
Long positions declined for a fourth straight week and this very sharply. Last week, speculators reduced long positions by 21,512 contracts to +9.9K contracts.
- WTI Crude – Net position long and increasing
Speculators increased long positions for the eighth time in nine weeks and by 3,369 contracts, which brought the net positions to +614.5K contracts.
- Natural gas – Net position short and increasing
Short positions rose for a fourth consecutive week and by 42,558 contracts that pushed the net position to -164.5K contracts.
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