Latest Commitment of Traders positions (Commodities) as of December 27th, 2016

CFTC commitment of traders report was released on Friday (30th December) and cover positions up to Tuesday (27th December). 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 seventh consecutive week.  The net long position decreased by 16,491 contracts to +98.3K contracts.          

• Copper – – Net position long and decreasing

Traders covered their net longs for the two consecutive weeks. The net longs decreased by 6,263 contracts to +45.8K contracts.

• Silver – Net position long and decreasing

The net long position declined for second consecutive week. The net longs declined by 1,983 contracts to +58.9K contracts.

• WTI Crude – Net position long and increasing

 Sentiment in oil remains upbeat as traders increased the net long positions for fifth consecutive weeks and by 8,271 contracts to +444.9K contracts.

• Natural gas – Net position flipped from long to short

After a shift from the net short to net long in the previous week, the position shifted again. Net-long positions declined by 353 contracts to -233 contracts.