Silver — positioning

Latest reading (week of 27 October 2026): crowded short

Managed Money are net long 3,321 contracts, 4th percentile of the last 3 years (crowded short). Producer/Merchant are at the opposite extreme — classic crowding setup.

Silver speculative positioning chart

This page updates automatically every week when new Commitments of Traders data publishes.

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Positioning data describes what large traders held as of the report date, published with a lag. It is a crowding and context gauge, not a trade recommendation. Nothing here is investment advice. Source: CFTC (public domain).

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