CFTC commitment of traders report was released on Friday (8th December) and cover positions up to Tuesday (5th 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 last week. The net long position decreased by 51,088 contracts to +173.3K contracts.
- Copper – Net position long and decreasing
Long positions declined last week. The net longs decreased by 17,270 contracts to +26.6K contracts.
- Silver – Net position long and decreasing
Long positions declined for a third straight week and this very sharply. Last week, speculators reduced long positions by 27,356 contracts to +31.4K contracts.
- WTI Crude – Net position long and increasing
Speculators increased long positions for the seventh time in eight weeks and by 1,295 contracts, which brought the net positions to +611.1K contracts.
- Natural gas – Net position short and increasing
Short positions rose for a third consecutive week and by 23,568 contracts that pushed the net position to -122K contracts.
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