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Silver bets drop by COT Metals Speculators into small bearish positions

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Silver bets drop by COT Metals Speculators into small bearish positions


By InvestMacro

The latest charts and statistics regarding the Commitment of Traders, (COT), data published by the Commodities Futures Trading Commission are here.

The most recent COT data are available through Tuesday, October 25th This gives a quick overview of the positions that large traders (for profit speculators or commercial entities) had in the futures markets.

Weekly Speculator Updates for Copper and Platinum

The COT precious Metals Speculator Bets fell this week. Two of the five metals market we cover had higher positioning, while three markets had lower contract prices.

Copper (3.383 contracts led the gains in the precious metals markets), with Platinum (2.887 contracts) also showing positive signs.

This week, the metals markets led the decline in speculator betting. Gold (-8.924 contracts), Silver (-1.368 contracts), and Palladium (536 contracts) were also among the lowest bets.

This week’s COT metals data highlights the fall in speculators positions. Silver. Following gains over the past four weeks, large speculators lost their Silver bets. This has resulted in the overall net standing slipping to a slight bearish position this week…



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