CFTC commitment of traders report was released on Friday (9th December) and cover positions up to Tuesday (6th 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 fourth consecutive week. The net long position decreased by 15,190 contracts to +136.4K contracts.
- Copper – – Net position long and increasing
Traders increased their net longs for sixth consecutive week. The net longs increased by 3,030 contracts to +56.4K contracts.
- Silver – Net position long and increasing
The net long position increased marginally after decline for three consecutive weeks. The net longs declined by 325 contracts to +59.4K contracts.
- WTI Crude – Net position long and increasing
As OPEC struck oil deal, traders increased the net long positions by 89,745 contracts to +377.6K contracts.
- Natural gas – Net position short and increasing
Traders increased long best after two weeks of decline. Net-short positions rose by 10,131 contracts to -67.5K contracts.


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