Silver COT Report
CFTC Commitments of Traders · report date 2026-07-21 (released Jul 24, 2026) · next report expected Jul 31, 2026 (regular cycle; see the release schedule for holiday shifts)
As of the Jul 21, 2026 COT report, large speculators are net long 23,465 Silver futures contracts (down 1,609 week-over-week), commercials are net short 40,453, and open interest is 106,410 contracts.
23,465
Large speculators net
-40,453
Commercials net
26.3
COT index (3-year)
106,410
Open interest
Positioning — week of 2026-07-21
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Large speculators | 23,465 | -1,609 | 22.1% | 25.8 | 4.2 | 26.3 |
| Commercials | -40,453 | +2,144 | -38.0% | 71.6 | 94.8 | 72.6 |
| Small traders | 16,988 | -535 | 16.0% | 47.4 | 32.7 | 46.2 |
Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.
Net positions since 1986
Disaggregated breakdown — week of 2026-07-21
| Category | Net position | Weekly change |
|---|---|---|
| Producer/merchant | -13,044 | -336 |
| Swap dealers | -27,409 | +2,480 |
| Managed money | 11,282 | -219 |
| Other reportables | 12,183 | -1,390 |
| Small traders | 16,988 | -535 |
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 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 |
| 2026-03-03 | 113,326 | 23,338 | +1,078 | -39,966 | +1,114 | 16,628 |
| 2026-02-24 | 125,454 | 22,260 | -1,743 | -41,080 | +1,267 | 18,820 |
| 2026-02-17 | 131,496 | 24,003 | +1,048 | -42,347 | -184 | 18,344 |
| 2026-02-10 | 133,641 | 22,955 | -2,922 | -42,163 | +3,562 | 19,208 |
| 2026-02-03 | 143,180 | 25,877 | +2,174 | -45,725 | -1,669 | 19,848 |
| 2026-01-27 | 156,637 | 23,703 | -1,511 | -44,056 | +2,333 | 20,353 |
Full history, no login: CSV (1986-01-15 → 2026-07-21) · JSON
Contract facts
(CONTRACTS OF 5,000 TROY OUNCES)
Contract unit (CFTC)
SI
Ticker
COMEX
Exchange
084691
CFTC contract code
FAQ
- Are large speculators long or short Silver futures?
- As of the 2026-07-21 COT report, large speculators (non-commercial traders) are net long 23,465 contracts in Silver futures.
- How current is this Silver COT data?
- The latest report is dated 2026-07-21 (positions as of that Tuesday's close), published by the CFTC on 2026-07-24. This page updates within minutes of each weekly release.
- Where can I download Silver COT history?
- The full weekly series (1986-01-15 to 2026-07-21) is free at /data/cot/silver.csv — no login, no cap.
Related markets
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 084691. Dataset coverage 1986-01-15 → 2026-07-21. Methodology.