{"id":97465,"date":"2016-10-29T10:56:49","date_gmt":"2016-10-29T14:56:49","guid":{"rendered":"http:\/\/countingpips.com\/?p=97465"},"modified":"2016-10-29T12:50:12","modified_gmt":"2016-10-29T16:50:12","slug":"silver-speculators-reduced-net-bullish-positions-for-4th-week","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/10\/silver-speculators-reduced-net-bullish-positions-for-4th-week\/","title":{"rendered":"Silver Speculators reduced net bullish positions for 4th week"},"content":{"rendered":"
October 29, 2016<\/div>
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\"\"<\/a>By CountingPips.com – CFTC Weekly Commitment of Traders Report<\/strong><\/p>\n

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

Large speculators and traders decreased their net positions in the silver futures markets last week for a fourth straight week, 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 57,073 contracts in the data reported through October 25th. This was a weekly change of -2,213 contracts from the previous week which had a total of 59,286 net contracts.<\/p>\n

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

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 -73,396 contracts last week. This is a weekly advance\u00a0of 1,515 contracts from the total net of -74,911 contracts reported the previous week.<\/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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\"\"<\/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 $16.86 which was a bump higher\u00a0of $0.14 from the previous close of $16.72, according to ETF market data from Yahoo Finance.<\/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 – CFTC Weekly Commitment of Traders Report Silver Non-Commercial Positions: Large speculators and traders decreased their net positions in the silver futures markets last week for a fourth straight week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts […]<\/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-97465","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/97465","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=97465"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/97465\/revisions"}],"predecessor-version":[{"id":97509,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/97465\/revisions\/97509"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=97465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=97465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=97465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}