{"id":106813,"date":"2017-06-03T06:44:15","date_gmt":"2017-06-03T10:44:15","guid":{"rendered":"http:\/\/countingpips.com\/?p=106813"},"modified":"2017-06-03T07:27:33","modified_gmt":"2017-06-03T11:27:33","slug":"silver-speculator-bullish-positions-rose-again-last-week","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/06\/silver-speculator-bullish-positions-rose-again-last-week\/","title":{"rendered":"Silver Speculator bullish positions rose again last week"},"content":{"rendered":"
June 3, 2017<\/div>
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\"\"<\/a>By CountingPips.com<\/strong> – Get our weekly COT Reports by Email<\/strong><\/a><\/p>\n

Silver Non-Commercial Positions:<\/strong><\/p>\n

Large speculators and traders sharply increased their bullish net positions in the silver futures markets for a second consecutive week this\u00a0week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.<\/p>\n

The non-commercial futures contracts of Comex silver futures, traded by large speculators and hedge funds, totaled a net position of 61,414 contracts in the data reported through May 30th. This was a weekly\u00a0gain of 10,241 contracts from the previous week which had a total of 51,173 net contracts.<\/p>\n

Silver positions have now rebounded strongly\u00a0in the past two weeks with a combined\u00a0increase of over +18,000 contracts. This precious metal had declined over\u00a0the previous five weeks and by a total of over -60,000 contracts.<\/p>\n

Silver Commercial Positions:<\/strong><\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

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The commercial traders position, categorized by the CFTC as hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -71,082 contracts this\u00a0week. This is a weekly decline\u00a0of -7,095 contracts from the total net of -63,987 contracts reported the previous week.<\/p>\n

\"\"<\/a>Silver ETF:<\/strong><\/p>\n

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the SLV ishares ETF, which tracks the price of silver, closed at approximately $16.47 which was a rise\u00a0of $0.32 from the previous close of $16.15, according to ETF financial market data.<\/p>\n

*COT Report:<\/strong> The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders\/speculators). Find CFTC criteria here: (http:\/\/www.cftc.gov\/MarketReports\/CommitmentsofTraders\/ExplanatoryNotes\/index.htm<\/a>).<\/p><\/blockquote>\n

Article by CountingPips.com<\/a><\/strong><\/p>\n

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By CountingPips.com – Get our weekly COT Reports by Email Silver Non-Commercial Positions: Large speculators and traders sharply increased their bullish net positions in the silver futures markets for a second consecutive week this\u00a0week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-106813","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/106813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=106813"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/106813\/revisions"}],"predecessor-version":[{"id":106879,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/106813\/revisions\/106879"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=106813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=106813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=106813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}