Silver futures COT positions and historical chart

Official market: SILVER · COMEX · Disaggregated Futures Only · 5,000 troy ounces

Latest report: 8 September 2026 · processed 11 Sept 2026, 19:31 · Current weekly data

Official CFTC dataset

Current positioning summary

Managed Money held a net-long Silver futures position of 14,386 contracts. The position increased by 1,788 contracts from the preceding available report. The position ranked in the 35th percentile of the latest 156 available reports.

Report date: 8 September 2026

Producer/Merchant/Processor/User

Long
4,616
Short
22,133
Spread
Net
-17,517
Weekly change
-842
Net / open interest
-16.96%
52 reports
54th percentile
156 reports
85th percentile

Swap Dealer

Long
22,218
Short
49,609
Spread
4,230
Net
-27,391
Weekly change
+1,214
Net / open interest
-26.52%
52 reports
50th percentile
156 reports
61th percentile

Managed Money

Long
21,148
Short
6,762
Spread
5,275
Net
+14,386
Weekly change
+1,788
Net / open interest
13.93%
52 reports
67th percentile
156 reports
35th percentile

Historical net position

Actual report dates; missing weeks are not interpolated. A data table follows the chart.

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Accessible historical data

Recent normalized observations are server rendered; the chart uses client-side state and the market page keeps one canonical URL.

CFTC positioning observations
Report dateParticipantLongShortSpreadNetWeekly changeNet / OI4-report change52-report context
2026-09-08Other Reportables15,0973,4344,442+11,663-2,47811.29%-82512th percentile
2026-09-08Non-Reportable26,2247,365+18,859+31818.26%-1,46962th percentile
2026-09-08Producer/Merchant/Processor/User4,61622,133-17,517-842-16.96%-1,57154th percentile
2026-09-08Swap Dealer22,21849,6094,230-27,391+1,214-26.52%+63750th percentile
2026-09-08Managed Money21,1486,7625,275+14,386+1,78813.93%+3,22867th percentile
2026-09-01Other Reportables16,2472,1064,469+14,141+2,95313.54%+3,83556th percentile
2026-09-01Non-Reportable26,4577,916+18,541-1,25117.76%+39952th percentile
2026-09-01Producer/Merchant/Processor/User5,16821,843-16,675+478-15.97%-3,59563th percentile
2026-09-01Swap Dealer21,19949,8045,057-28,605-705-27.40%-1,26342th percentile
2026-09-01Managed Money19,1566,5586,609+12,598-1,47512.07%+62454th percentile
2026-08-25Other Reportables16,4505,2625,899+11,188-7429.83%-1,8478th percentile
2026-08-25Non-Reportable28,9559,163+19,792-1,37517.39%+3,20071th percentile
2026-08-25Producer/Merchant/Processor/User5,71722,870-17,153-1,066-15.07%-4,12458th percentile
2026-08-25Swap Dealer22,63650,5365,617-27,900+805-24.51%-2,12046th percentile
2026-08-25Managed Money21,4217,3487,106+14,073+2,37812.36%+4,89163th percentile
2026-08-18Other Reportables18,8206,8907,313+11,930-5589.93%-25312th percentile
2026-08-18Non-Reportable29,6028,435+21,167+83917.62%+4,17987th percentile
2026-08-18Producer/Merchant/Processor/User5,73521,822-16,087-141-13.39%-3,04373th percentile
2026-08-18Swap Dealer22,52051,2256,417-28,705-677-23.89%-1,29644th percentile
2026-08-18Managed Money19,5337,83810,177+11,695+5379.73%+41348th percentile
2026-08-11Other Reportables19,3196,8317,635+12,488+2,18210.84%-1,08521th percentile
2026-08-11Non-Reportable29,1058,777+20,328+2,18617.65%+2,80581th percentile
2026-08-11Producer/Merchant/Processor/User5,45221,398-15,946-2,866-13.85%-3,23875th percentile
2026-08-11Swap Dealer22,53350,5613,816-28,028-686-24.34%+1,86146th percentile
2026-08-11Managed Money19,9568,7987,311+11,158-8169.69%-34337th percentile
2026-08-04Other Reportables15,9895,6834,946+10,306-2,7299.20%-4,5082th percentile
2026-08-04Non-Reportable26,5078,365+18,142+1,55016.19%+3,06242th percentile
2026-08-04Producer/Merchant/Processor/User6,15119,231-13,080-51-11.67%+27692th percentile
2026-08-04Swap Dealer22,10249,4444,865-27,342-1,562-24.41%+2,39752th percentile
2026-08-04Managed Money20,4658,49110,974+11,974+2,79210.69%-1,22748th percentile
2026-07-28Other Reportables17,3754,3403,611+13,035+85212.21%-55123th percentile
2026-07-28Non-Reportable25,9629,370+16,592-39615.54%+2,63521th percentile
2026-07-28Producer/Merchant/Processor/User5,95818,987-13,029+15-12.20%-75896th percentile
2026-07-28Swap Dealer21,70547,4854,844-25,780+1,629-24.15%+3,27462th percentile
2026-07-28Managed Money17,9398,7579,325+9,182-2,1008.60%-4,60015th percentile
2026-07-21Other Reportables18,5376,3542,524+12,183-1,39011.44%+17313th percentile
2026-07-21Non-Reportable27,46110,473+16,988-53515.96%+49925th percentile
2026-07-21Producer/Merchant/Processor/User5,62318,667-13,044-336-12.25%+67896th percentile
2026-07-21Swap Dealer21,35348,7625,074-27,409+2,480-25.75%-89154th percentile
2026-07-21Managed Money18,2046,9227,634+11,282-21910.60%-45938th percentile

How to interpret Silver positioning

What the contract represents

COMEX Silver futures cover 5,000 troy ounces of a metal with both investment and industrial demand.

Categories traders monitor

Managed Money changes are often compared with Producer/Merchant activity because the groups can respond to different financial and physical-market pressures.

Interpretation considerations

Silver can trade with gold or industrial metals at different times, so a positioning percentile is market-specific context rather than a cross-metal signal.

Important limitations

Physical inventories, OTC exposure and options are outside this Futures Only series.

Related markets

Download the latest 52 reports as CSV

COT research guides

Silver Futures COT Positions and Historical Chart | Squawkdeck