CFTC commitment of traders report was released on Friday (10th June) and cover positions up to Tuesday (7th June). 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
Investors poured into yellow metal as uncertainties rose and Dollar weakened. Net long position got increased by 31,484 contracts to +228.6K contracts.
- Copper – Net position short and increasing
Copper net short position saw a marginal increase. Net short position increased by 467 contracts to -39.3K contracts.
- Silver – Net position long and decreasing
Silver net long position suffered another blow last week, despite weakness in Dollar and rise in silver as long position declined by 4,590 contracts to +57K contracts.
- WTI Crude – Net position long and decreasing
Crude oil saw a big decrease in net long positions by 21,820 contracts to +325.2K contracts.
- Natural gas – Net position short and decreasing
Natural gas saw a sharp reduction in net short position by 9,105 contracts to -153.2K contracts. Next week, there could be a larger reduction in short position as gas price rose sharply.


Best Gold Stocks to Buy Now: AABB, GOLD, GDX
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



