Research
Silver: speculative net positioning in 4th percentile of 3-year range
Non-commercial traders were net long 19,703 Silver futures contracts as of 2026-10-27, the 4th percentile across 156 weekly reports.
Each statement cites its observations
Facts
- 01
Report date 2026-10-27. Non-commercial long 35,633, short 15,930, net +19,703 contracts.
Observations: 140054, 140050, 140055, 140051, 140052
- 02
Open interest 116,226 contracts; non-commercial net equals 17.0% of open interest.
Observations: 140054, 140050, 140055, 140051, 140052
- 03
Percentile rank 3.5 over 156 weeks.
Observations: 140054, 140050, 140055, 140051, 140052
Underlying observations
Provenance
| ID | Metric | Period | Value | Status | Class | Observed | Source |
|---|---|---|---|---|---|---|---|
| 140054 | Commercial long Silver | 2026-10-27 | 34,977 | Verified | Public | 2026-10-31 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 140055 | Commercial short Silver | 2026-10-27 | 70,664 | Verified | Public | 2026-10-31 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 140051 | Non-commercial long Silver | 2026-10-27 | 35,633 | Verified | Public | 2026-10-31 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 140052 | Non-commercial short Silver | 2026-10-27 | 15,930 | Verified | Public | 2026-10-31 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 140050 | Open interest Silver | 2026-10-27 | 116,226 | Verified | Public | 2026-10-31 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
Source: U.S. Commodity Futures Trading Commission, Commitments of Traders (Legacy, futures only). Calculations: EveryIntel. Generated by intelligence-rules/1.0.0; confidence 97%. Findings describe published data; they are not forecasts, investment advice or recommendations. See the methodology.