Loading ...The gold/silver price ratio is 81.36.
The Commitment of Traders Report
Silver
*The large specs increased their long positions by 5,183 contracts and increased their shorts by 8,491 contracts.
*The commercials increased their longs by 4,329 contracts and reduced their shorts by 386 contracts.
*The small specs decreased their longs by 1,857 contracts and reduced their shorts by 450 contracts.
GOLD
*The large specs reduced their long positions by 24,355 contracts and increased thei shorts by 12,410 contracts.
*The commercials increased their longs by 5,165 contracts and reduced their shorts by 32,330 contracts****.
*The small specs reduced their longs by 5,974 contracts and decreased their shorts by 5,244 contracts.
Theoretically, both are constructive with the so-called commercials reducing their shorts as they did.