Research
Silver: speculative net positioning in 4th percentile of 3-year range
Non-commercial traders were net long 21,251 Silver futures contracts as of 2026-11-03, the 4th percentile across 156 weekly reports.
Each statement cites its observations
Facts
- 01
Report date 2026-11-03. Non-commercial long 37,002, short 15,751, net +21,251 contracts.
Observations: 140694, 140690, 140695, 140691, 140692
- 02
Open interest 115,583 contracts; non-commercial net equals 18.4% of open interest.
Observations: 140694, 140690, 140695, 140691, 140692
- 03
Percentile rank 4.2 over 156 weeks.
Observations: 140694, 140690, 140695, 140691, 140692
Underlying observations
Provenance
| ID | Metric | Period | Value | Status | Class | Observed | Source |
|---|---|---|---|---|---|---|---|
| 140694 | Commercial long Silver | 2026-11-03 | 32,218 | Verified | Public | 2026-11-07 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 140695 | Commercial short Silver | 2026-11-03 | 66,974 | Verified | Public | 2026-11-07 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 140691 | Non-commercial long Silver | 2026-11-03 | 37,002 | Verified | Public | 2026-11-07 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 140692 | Non-commercial short Silver | 2026-11-03 | 15,751 | Verified | Public | 2026-11-07 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 140690 | Open interest Silver | 2026-11-03 | 115,583 | Verified | Public | 2026-11-07 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.