Latest Commitment of Traders positions (Commodities) as of November 1st, 2016

CFTC commitment of traders report was released on Friday (4th November) and cover positions up to Tuesday (1st November). 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

Traders increased their net long positions for second consecutive week. The net long position increased by 18,151 contracts to +215.1K contracts.   

• Copper – Flipped from net short to net long

Traders increased their net longs in such a way that the position flipped from net short to net long. The net shorts decreased by 25,052 contracts to +11.3K contracts.

• Silver – Net position long and increasing

The net long position increased in silver after a decline for fourth consecutive week. The net longs increased by 5,063 contracts to +62.1K contracts.

• WTI Crude – Net position long and decreasing

 The net long positions decreased last week again as traders reduced the net long positions by 49,187 contracts to +354.4K contracts.

• Natural gas – Net position short and increasing

Last week, traders increased their short bets sharply. Net-short positions rose by 50,544 contracts to -66.5K contracts.