 as of December 27th, 2016 - EconoTimes)
CFTC commitment of traders report was released on Friday (30th December) and cover positions up to Tuesday (27th 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
The long positions declined for seventh consecutive week. The net long position decreased by 16,491 contracts to +98.3K contracts.
- Copper – – Net position long and decreasing
Traders covered their net longs for the two consecutive weeks. The net longs decreased by 6,263 contracts to +45.8K contracts.
- Silver – Net position long and decreasing
The net long position declined for second consecutive week. The net longs declined by 1,983 contracts to +58.9K contracts.
- WTI Crude – Net position long and increasing
Sentiment in oil remains upbeat as traders increased the net long positions for fifth consecutive weeks and by 8,271 contracts to +444.9K contracts.
- Natural gas – Net position flipped from long to short
After a shift from the net short to net long in the previous week, the position shifted again. Net-long positions declined by 353 contracts to -233 contracts.
