CFTC commitment of traders report was released on Friday (2nd March) and cover positions up to Tuesday (27th February). 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 decreasing
Long positions declined for the fourth time in five weeks. The net long positions got decreased by 12,204 contracts to +178.7K contracts.
- Copper – Net position long and decreasing
Long positions declined for the third time in four weeks. The net longs decreased by 5,990 contracts to +41.4K contracts.
- Silver – Net position shifted from long to short
The short positions rose in such a fashion the net position turned short from long. Last week, speculators reduced long positions by 6,828 contracts to -1.5K contracts.
- WTI Crude – Net position long and increasing
Speculators increased long positions for the first time in three weeks and by 14,738 contracts, which brought the net positions to +704.1K contracts.
- Natural gas – Net position short and increasing
Short positions rose for a fourth consecutive week and by 8,960 contracts that pushed the net position to -130.9K contracts.
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