CFTC commitment of traders report was released on Friday (31st May) and cover positions up to Tuesday (28th May). 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 decreasing
The net long positions declined by 2,117 contracts that pushed the net potion to +86.7K contracts.
- Copper – Net position short and increasing
The net short positions rose by 2,114 contracts that pushed the net potion to -23.8K contracts.
- Silver – Net position short and increasing
The net short positions rose by 7,747 contracts that pushed the net positions to -22.4K contracts.
- WTI Crude – Net position long and decreasing
Speculators reduced long positions by 39,460 contracts, which brought the net positions to +438.9K contracts.
- Natural gas – Net position short and decreasing
The net short positions declined by 24,973 contracts that pushed the net potion to -85.9K contracts.
