Silver
*The large specs reduced their long positions by 2,339 contracts and reduced theirs shorts by 4,737 contracts.
*The commercials decreased their longs by 1,668 contracts and reduced their shorts by 437 contracts. *The small specs decreased their longs by 702 contracts and increased their shorts by 465 contracts.
Gold
*The large specs reduced their long positions by 7,403 contracts and increased their shorts by 6,238 contracts.
*The commercials decreased their longs by 2,501 contracts and reduced their shorts by 15,791 contracts.
*The small specs reduced their longs by 175 contracts and reduced their shorts by 526 contracts.
All the chatter about the silver commercials being long has gone by the wayside as they are short some 6,000 contracts. Gold was a bit like last week with the commercials continuing to cover shorts.