Latest Commitment of Traders positions (Commodities) as of November 22nd, 2016

CFTC commitment of traders report was released on Friday (28th November) and cover positions up to Tuesday (22nd November). 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 second consecutive week.  The net long position decreased by 10,575 contracts to +167.1K contracts.          

• Copper – – Net position long and increasing

Traders increased their net longs for fourth consecutive week. The net longs increased by 1,317 contracts to +46.3K contracts.

• Silver – Net position long and decreasing

The net long position decreased in silver for second consecutive week. The net longs declined by 2,439 contracts to +60.2K contracts.

• WTI Crude – Net position long and decreasing

 Miniscule change last week as traders reduced the net long positions by 6 contracts to +276.3K contracts.

• Natural gas – Net position short and increasing

Traders reduced their short bets after increases for three consecutive weeks. Net-short positions declined by 1,194 contracts to -89.7K contracts.