Silver COT Report
CFTC Commitments of Traders · positions as of Tuesday 2026-09-01, released Sep 4, 2026 (the CFTC reports each Tuesday's close three days later) · next release Sep 11, 2026 (regular cycle; see the release schedule for holiday shifts)
Silver positioning leans bearish - commercials selling (26w index 0).
How this read is built
- Commercials (hedgers) are net short and sit near the bottom of their 26-week range (COT index 0) - a bearish tilt in the traditional read.
A description of how traders are positioned versus their own history - the standard Commitments of Traders interpretation, computed identically for every market. It is not a price forecast, a trading signal, or advice. How traders use positioning · how the read is computed.
As of the COT report, large speculators are net long 26,739 Silver futures contracts (up 1,478 week-over-week), commercials are net short 45,280, and open interest is 104,362 contracts. Managed money was net long 12,598 contracts as of (up 903 week-over-week).
Cite this data
FuturesBench, "Silver COT Report," data as of 2026-09-01. https://futuresbench.com/cot/silver/#net-position Source: CFTC Commitments of Traders (public domain). CSV: https://futuresbench.com/data/cot/silver.csv
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<iframe src="https://futuresbench.com/embed/cot/silver/" width="100%" height="560" frameborder="0" loading="lazy" title="Silver COT Report chart - FuturesBench"></iframe>
Positioning - as of Tuesday 2026-09-01
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Large speculators | 26,739 | +1,478 | 25.6% | 79.2 | 15.2 | 26.3 |
| Commercials | -45,280 | -227 | -43.4% | 0.0 | 80.2 | 68.1 |
| Small traders | 18,541 | -1,251 | 17.8% | 63.6 | 49.4 | 53.3 |
Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.
Disaggregated report - positions as of Tue 2026-09-01
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Producer/merchant | -16,675 | -588 | -16.0% | 40.2 | 74.8 | 86.1 |
| Swap dealers | -28,605 | +100 | -27.4% | 15.0 | 69.9 | 45.5 |
| Managed money | 12,598 | +903 | 12.1% | 60.4 | 23.5 | 36.9 |
| Other reportables | 14,141 | +2,211 | 13.6% | 72.8 | 36.2 | 24.4 |
| Small traders | 18,541 | -2,626 | 17.8% | 63.6 | 49.4 | 53.3 |
Full Disaggregated report history: CSV · switch the chart above to this report family for the full series.
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-09-01 | 104,362 | 26,739 | +1,478 | -45,280 | -227 | 18,541 |
| 2026-08-25 | 113,801 | 25,261 | +1,636 | -45,053 | -261 | 19,792 |
| 2026-08-18 | 120,117 | 23,625 | -21 | -44,792 | -818 | 21,167 |
| 2026-08-11 | 115,127 | 23,646 | +1,366 | -43,974 | -3,552 | 20,328 |
| 2026-08-04 | 111,999 | 22,280 | +63 | -40,422 | -1,613 | 18,142 |
| 2026-07-28 | 106,719 | 22,217 | -1,248 | -38,809 | +1,644 | 16,592 |
| 2026-07-21 | 106,410 | 23,465 | -1,609 | -40,453 | +2,144 | 16,988 |
| 2026-07-14 | 105,023 | 25,074 | -2,941 | -42,597 | +498 | 17,523 |
| 2026-07-07 | 104,859 | 28,015 | +647 | -43,095 | -1,770 | 15,080 |
| 2026-06-30 | 108,964 | 27,368 | +3,617 | -41,325 | -1,085 | 13,957 |
| 2026-06-23 | 108,944 | 23,751 | -793 | -40,240 | +2,078 | 16,489 |
| 2026-06-16 | 107,721 | 24,544 | +2,330 | -42,318 | -1,950 | 17,774 |
| 2026-06-09 | 103,440 | 22,214 | -1,712 | -40,368 | +2,293 | 18,154 |
| 2026-06-02 | 102,809 | 23,926 | +1,703 | -42,661 | -1,768 | 18,735 |
| 2026-05-26 | 101,744 | 22,223 | -2,448 | -40,893 | +1,775 | 18,670 |
| 2026-05-19 | 100,751 | 24,671 | -1,440 | -42,668 | +978 | 17,997 |
| 2026-05-12 | 103,800 | 26,111 | +2,219 | -43,646 | -3,111 | 17,535 |
| 2026-05-05 | 96,932 | 23,892 | -268 | -40,535 | -83 | 16,643 |
| 2026-04-28 | 101,275 | 24,160 | +440 | -40,452 | +533 | 16,292 |
| 2026-04-21 | 115,462 | 23,720 | +158 | -40,985 | -852 | 17,265 |
| 2026-04-14 | 116,983 | 23,562 | +145 | -40,133 | -1,218 | 16,571 |
| 2026-04-07 | 115,138 | 23,417 | -487 | -38,915 | -58 | 15,498 |
| 2026-03-31 | 115,169 | 23,904 | -769 | -38,857 | +1,431 | 14,953 |
| 2026-03-24 | 113,164 | 24,673 | +2,792 | -40,288 | -1,930 | 15,615 |
| 2026-03-17 | 114,758 | 21,881 | -2,697 | -38,358 | +3,219 | 16,477 |
| 2026-03-10 | 115,458 | 24,578 | +1,240 | -41,577 | -1,611 | 16,999 |
Full history, no login: CSV (1986-01-15 → 2026-09-01) · JSON
Contract facts
FAQ
- Are large speculators long or short Silver futures?
- As of the 2026-09-01 COT report, large speculators (non-commercial traders) are net long 26,739 contracts in Silver futures.
- How current is this Silver COT data?
- The latest report is dated 2026-09-01 (positions as of that Tuesday's close), published by the CFTC on 2026-09-04. This page updates within minutes of each weekly release.
- Where can I download Silver COT history?
- The full weekly series (1986-01-15 to 2026-09-01) is free at /data/cot/silver.csv - no login, no cap.
Learn: how to read this report · commercials vs non-commercials · glossary
Related markets
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 084691. Dataset coverage 1986-01-15 → 2026-09-01. Methodology.