All markets
FIG 01 — METALS · SI
Silver Positioning
Managed Money net
3,505
WoW change
-2,114
Open interest
113,992
3Y index
21
52w: 0
FIG 02 — NET POSITIONING · 3 YEARS · SHADED = 52W SPEC RANGE
Managed MoneyProducers & Merchants
FIG 03 — WEEK-OVER-WEEK CHANGE · MANAGED MONEY · 26 WEEKS
FIG 04 — READ
What this week's report says
Managed money added 378 long contracts and added 2,492 short contracts in Silver this week — a net bearish shift of −2,114 contracts. They remain net long overall.
Managed money and producers & merchants moved in opposite directions this week — speculative and institutional flows disagree on Silver.
Open interest rose alongside the positioning change — fresh money is entering, which typically strengthens the move rather than short-covering.
Data as of Tue 2026-10-20 · source CFTC Disaggregated report · next update 2026-10-30