CFTC commitment of traders report was released on Friday (14th June) and cover positions up to Tuesday (11th June). 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 increasing
The net long positions rose by 28,123 contracts that pushed the net potion to +184.2K contracts.
- Copper – Net position short and increasing
The net short positions rose by 3,775 contracts that pushed the net potion to -30.5K contracts.
- Silver – position shifted from long to short
The net short positions declined by 11,103 contracts that pushed the net positions to +2.7K contracts.
- WTI Crude – Net position long and decreasing
Speculators reduced long positions by 48,513 contracts, which brought the net positions to +351.6K contracts. The net long positions have now declined to the lowest level since March 2019.
- Natural gas – Net position short and increasing
The net short positions rose by 22,443 contracts that pushed the net potion to -126.9K contracts.