CFTC commitment of traders report was released on Friday (12th July) and cover positions up to Tuesday (9th July). The 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 the nearest decimal.
- Gold – Net position long and decreasing
The net long positions declined by 14,183 contracts that pushed the net potion to +244.8K contracts.
- Copper – Net position short and increasing
The net short positions rose by 10,771 contracts that pushed the net potion to -40K contracts.
- Silver – Net position long and decreasing
The net long positions declined by 5,304 contracts that pushed the net positions to +25.1K contracts.
- WTI Crude – Net position long and decreasing
Speculators reduced long positions by 2,661 contracts, which brought the net positions to +390.1K contracts.
- Natural gas – Net position short and decreasing
The net short positions declined by 1,638 contracts that pushed the net potion to -157.5K contracts.