Latest Commitment of Traders positions (Commodities) as of November 8th, 2016

CFTC commitment of traders report was released on Monday (14th November) and cover positions up to Tuesday (8th 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 third consecutive week. The net long position increased by 2,107 contracts to +217.2K contracts.         

• Copper – – Net position long and increasing

Traders increased their net longs very sharply last week. The net longs increased by 28,338 contracts to +39.6K contracts.

• Silver – Net position long and increasing

The net long position increased in silver for second consecutive week. The net longs increased by 3,113 contracts to +65.3K contracts.

• WTI Crude – Net position long and decreasing

 The net long positions decreased sharply last week again as traders reduced the net long positions by 76,860 contracts to +277.5K contracts.

• Natural gas – Net position short and increasing

Traders reduced their short bets for a second consecutive week. Net-short positions rose by 7,110 contracts to -73.5K contracts.