Latest Commitment of Traders positions (Commodities) as at April 26th, 2016

CFTC commitment of traders report was released on Friday (29th April) and cover positions up to Tuesday (26th April). 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

Gold net long position saw another increase by speculators and quite a large enough. Net long position increased by 4,020 contracts to +220.9K contracts.

• Copper – Net position short and decreasing

As red metal rise in China, copper saw sharp decrease in speculative short position by 16,440 contracts to -8K contracts.

• Silver – Net position long and increasing

Silver saw another sharp rise in net long position by 7,345 contracts to +78.8K contracts.

• WTI Crude – Net position long and increasing

This week saw only marginal change in crude positioning. Net long increased by just 90 contracts to +334.26 K contracts.           

• Natural gas – Net position short and decreasing

Speculators reduced net short position as natural gas rose. Net short position were reduced by 16,879 contracts to -116.45K contracts.