The Commitment of Traders Report
Silver
*The large specs reduced their longs positions by 8,559 contracts and decreased their shorts by 12,945 contracts.
*The commercials increased their longs by 1,142 contracts and increased their shorts by 3,327 contracts.
*The small specs reduced their longs by 772 contracts and increased their shorts by 1,429 contracts.
The commercials net short position was increased slightly to 90,815 contracts.
Gold
*The large specs decreased their long positions by 20,492 contracts and increased their shorts by 9,794 contracts.
*The commercials reduced their longs by 15,514 contracts and decreased their shorts by 44,641 contracts.
*The small specs reduced their longs by 117 contracts and reduced their shorts by 1,276 contacts.
The commercials net short position was reduced to 331,687 contracts.
A nice change in gold with the commercials, as per the comments today. Silver … Forget about it!