Research
Silver: speculative net positioning in 4th percentile of 3-year range
Non-commercial traders were net long 19,795 Silver futures contracts as of 2026-10-20, the 4th percentile across 156 weekly reports.
Each statement cites its observations
Facts
- 01
Report date 2026-10-20. Non-commercial long 34,575, short 14,780, net +19,795 contracts.
Observations: 139427, 139423, 139428, 139424, 139425
- 02
Open interest 113,992 contracts; non-commercial net equals 17.4% of open interest.
Observations: 139427, 139423, 139428, 139424, 139425
- 03
Percentile rank 3.5 over 156 weeks.
Observations: 139427, 139423, 139428, 139424, 139425
Underlying observations
Provenance
| ID | Metric | Period | Value | Status | Class | Observed | Source |
|---|---|---|---|---|---|---|---|
| 139427 | Commercial long Silver | 2026-10-20 | 35,323 | Verified | Public | 2026-10-24 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 139428 | Commercial short Silver | 2026-10-20 | 72,499 | Verified | Public | 2026-10-24 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 139424 | Non-commercial long Silver | 2026-10-20 | 34,575 | Verified | Public | 2026-10-24 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 139425 | Non-commercial short Silver | 2026-10-20 | 14,780 | Verified | Public | 2026-10-24 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 139423 | Open interest Silver | 2026-10-20 | 113,992 | Verified | Public | 2026-10-24 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.