CFTC commitment of traders report was released on Friday (10th May) and cover positions up to Tuesday (7th 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 increasing
The net long positions rose by 9,192 contracts that pushed the net potion to +75.4K contracts.
- Copper – Net position short and increasing
The net short positions rose by 12,745 contracts that pushed the net potion to -12.9K contracts.
- Silver – Net position shifted from long to short
The net long positions declined by 3,093 contracts that pushed the net positions to -0.96K contracts.
- WTI Crude – Net position long and decreasing
Speculators reduced long positions by 29,767 contracts, which brought the net positions to +494.3K contracts.
- Natural gas – Net position short and increasing
The net short positions rose by 1,228 contracts that pushed the net potion to -67.9K contracts.
