CFTC commitment of traders report was released on Friday (9th November) and cover positions up to Tuesday (6th 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 increasing
The net long positions rose last week by 5,832 contracts that pushed the net position to +19K contracts.
- Copper – Net position long and increasing
The net long positions rose last week, and by 5,719 contracts to +6.4K contracts.
- Silver – Net position short and decreasing
The short positions declined last week and by 6,000 contracts to -2.5K contracts.
- WTI Crude – Net position long and decreasing
Speculators reduced long positions for the 16th time in 20 weeks, and by 28,855 contracts, which brought the net positions to +403.8K contracts.
- Natural gas – Position shifted from short to long
The net long positions rose by 10,298 contracts that pushed the net potion from short to long. The current net potion stands at +5.4K contracts.