Metals

Silver COT Positioning

As of Sep 8, 2026, commercial hedgers are net short at -44,908 contracts and added to their position by +372 week over week.

Latest: Sep 8, 2026
Coverage: Sep 21, 2021 - Sep 8, 2026
Weeks: 260

Commercial net

-44,908

Net short

Week over week

+372

Added

Large specs

+26,049

Retail

+18,859

Percentile

50th

Of its own history

Net positioning

Commercials vs large speculators

260 weeks

Recent weeks

Week	Commercial net	Large spec net	Retail net
Sep 8, 2026	-44,908	+26,049	+18,859
Sep 1, 2026	-45,280	+26,739	+18,541
Aug 25, 2026	-45,053	+25,261	+19,792
Aug 18, 2026	-44,792	+23,625	+21,167

Embed this chart

<iframe src="https://www.analytics-fx.com/embed/cot/silver" title="Silver COT positioning" width="480" height="240" style="border:0;border-radius:8px;overflow:hidden" loading="lazy"></iframe>

Explore further

Open in the terminal →All COT reports

SILVER commercial and large speculator net positioning from Sep 21, 2021 to Sep 8, 2026, with a 10th-90th percentile band
Week	Commercial net	Large spec net
2021-09-21	-28055	15635
2021-09-28	-28648	16705
2021-10-05	-27778	16379
2021-10-12	-30292	17987
2021-10-19	-44580	30356
2021-10-26	-51504	37532
2021-11-02	-48860	33115
2021-11-09	-53669	36915
2021-11-16	-66148	45625
2021-11-23	-56998	40105
2021-11-30	-52009	38434
2021-12-07	-43148	29833
2021-12-14	-35855	21984
2021-12-21	-36399	20926
2021-12-28	-41928	26458
2022-01-04	-43973	30919
2022-01-11	-37360	27548
2022-01-18	-41540	29700
2022-01-25	-47684	32141
2022-02-01	-35263	22118
2022-02-08	-32571	19299
2022-02-15	-36348	23556
2022-02-22	-43720	30302
2022-03-01	-57150	44948
2022-03-08	-69609	52297
2022-03-15	-67579	51554
2022-03-22	-64557	47947
2022-03-29	-61372	48240
2022-04-05	-60036	45034
2022-04-12	-63690	45986
2022-04-19	-63288	46429
2022-04-26	-48783	35406
2022-05-03	-39317	28068
2022-05-10	-30519	19082
2022-05-17	-24841	16114
2022-05-24	-23297	14103
2022-05-31	-23861	13997
2022-06-07	-27990	17404
2022-06-14	-22047	14005
2022-06-21	-27250	18419
2022-06-28	-18485	10891
2022-07-05	-11622	5139
2022-07-12	-9612	3204
2022-07-19	-8213	1360
2022-07-26	-2653	-4500
2022-08-02	-9064	974
2022-08-09	-13574	2879
2022-08-16	-12451	3508
2022-08-23	-4319	-4500
2022-08-30	265	-8271
2022-09-06	5055	-12784
2022-09-13	-2551	-4640
2022-09-20	-5629	-1640
2022-09-27	-6860	758
2022-10-04	-17617	8708
2022-10-11	-15603	7389
2022-10-18	-9085	1267
2022-10-25	-8857	-101
2022-11-01	-10363	1524
2022-11-08	-22088	13003
2022-11-15	-29424	17607
2022-11-22	-27642	16766
2022-11-29	-28997	17483
2022-12-06	-32262	19208
2022-12-13	-35806	22819
2022-12-20	-40309	29762
2022-12-27	-42917	31027
2023-01-03	-44211	30934
2023-01-10	-42925	29013
2023-01-17	-45367	31468
2023-01-24	-39461	25684
2023-01-31	-40434	27316
2023-02-07	-29679	13531
2023-02-14	-25822	11506
2023-02-21	-23050	9902
2023-02-28	-13152	-54
2023-03-07	-5613	-7782
2023-03-14	-9237	-1219
2023-03-21	-12681	3462
2023-03-28	-21875	13361
2023-04-04	-31435	21283
2023-04-11	-36255	23718
2023-04-18	-38656	26595
2023-04-25	-41523	30603
2023-05-02	-45174	31952
2023-05-09	-46190	32360
2023-05-16	-37067	23815
2023-05-23	-34972	21958
2023-05-30	-34536	21124
2023-06-06	-34065	21475
2023-06-13	-38470	23736
2023-06-20	-36210	20058
2023-06-27	-29327	19052
2023-07-03	-29569	17990
2023-07-11	-31649	20292
2023-07-18	-55983	43862
2023-07-25	-49718	36925
2023-08-01	-44012	30831
2023-08-08	-30349	13324
2023-08-15	-23264	7861
2023-08-22	-23804	12877
2023-08-29	-35776	27133
2023-09-05	-37708	26804
2023-09-12	-32040	18033
2023-09-19	-29787	15231
2023-09-26	-33080	20105
2023-10-03	-30358	15344
2023-10-10	-26218	12299
2023-10-17	-31626	19746
2023-10-24	-34570	24332
2023-10-31	-33139	20211
2023-11-07	-30722	18253
2023-11-14	-31634	22398
2023-11-21	-40944	27452
2023-11-28	-47855	34280
2023-12-05	-52014	36303
2023-12-12	-47496	28458
2023-12-19	-48791	29751
2023-12-26	-52622	31863
2024-01-02	-50547	32570
2024-01-09	-43755	26362
2024-01-16	-43759	25593
2024-01-23	-34071	17737
2024-01-30	-37778	21426
2024-02-06	-33483	16880
2024-02-13	-29688	12425
2024-02-20	-37945	22377
2024-02-27	-32448	14499
2024-03-05	-45025	28315
2024-03-12	-55130	40978
2024-03-19	-64017	52435
2024-03-26	-65077	50836
2024-04-02	-67706	53147
2024-04-09	-71275	53212
2024-04-16	-74028	53359
2024-04-23	-77409	59340
2024-04-30	-75196	54494
2024-05-07	-74415	53652
2024-05-14	-81422	59461
2024-05-21	-83094	59644
2024-05-28	-81072	57183
2024-06-04	-81520	56403
2024-06-11	-78337	51692
2024-06-18	-78602	51901
2024-06-25	-80718	55978
2024-07-02	-79955	55834
2024-07-09	-84790	61056
2024-07-16	-83735	60165
2024-07-23	-73816	51380
2024-07-30	-70370	49061
2024-08-06	-69631	49081
2024-08-13	-66776	45289
2024-08-20	-71228	49324
2024-08-27	-72140	52186
2024-09-03	-64529	46059
2024-09-10	-62086	44742
2024-09-17	-77306	58298
2024-09-24	-81832	62198
2024-10-01	-79220	56924
2024-10-08	-76715	54715
2024-10-15	-75758	54032
2024-10-22	-85358	66355
2024-10-29	-82212	60431
2024-11-05	-74243	53346
2024-11-12	-67407	47642
2024-11-19	-65081	46323
2024-11-26	-61158	42783
2024-12-03	-62019	43260
2024-12-10	-59843	41165
2024-12-17	-57510	40264
2024-12-24	-55021	40163
2024-12-31	-52407	37889
2025-01-07	-56174	40948
2025-01-14	-59676	46080
2025-01-21	-62977	47480
2025-01-28	-60268	44368
2025-02-04	-69007	50361
2025-02-11	-68250	49710
2025-02-18	-71960	54454
2025-02-25	-70188	52862
2025-03-04	-70944	53316
2025-03-11	-77356	59526
2025-03-18	-81655	62298
2025-03-25	-80705	60950
2025-04-01	-76405	57258
2025-04-08	-64022	46516
2025-04-15	-62750	43949
2025-04-22	-64374	44726
2025-04-29	-69264	49943
2025-05-06	-67803	49252
2025-05-13	-66180	47754
2025-05-20	-66779	50042
2025-05-27	-70277	53012
2025-06-03	-79141	60770
2025-06-10	-85661	66650
2025-06-17	-85948	67174
2025-06-24	-82477	62947
2025-07-01	-84540	63400
2025-07-08	-79595	58521
2025-07-15	-79648	59448
2025-07-22	-79227	60620
2025-07-29	-78929	59407
2025-08-05	-72228	50658
2025-08-12	-66421	44268
2025-08-19	-66675	46549
2025-08-26	-68285	46466
2025-09-02	-74197	55923
2025-09-09	-73402	53937
2025-09-16	-71389	51538
2025-09-23	-72755	52276
2025-09-30	-71090	49739
2025-10-07	-68686	46217
2025-10-14	-64655	43181
2025-10-21	-57237	37259
2025-10-28	-55585	37119
2025-11-04	-52664	33221
2025-11-10	-52216	32986
2025-11-18	-53426	34016
2025-11-25	-53268	32188
2025-12-02	-56639	38519
2025-12-09	-60827	44709
2025-12-16	-55191	36352
2025-12-23	-54267	35884
2025-12-30	-50262	30063
2026-01-06	-51691	29271
2026-01-13	-55292	32060
2026-01-20	-46389	25214
2026-01-27	-44056	23703
2026-02-03	-45725	25877
2026-02-10	-42163	22955
2026-02-17	-42347	24003
2026-02-24	-41080	22260
2026-03-03	-39966	23338
2026-03-10	-41577	24578
2026-03-17	-38358	21881
2026-03-24	-40288	24673
2026-03-31	-38857	23904
2026-04-07	-38915	23417
2026-04-14	-40133	23562
2026-04-21	-40985	23720
2026-04-28	-40452	24160
2026-05-05	-40535	23892
2026-05-12	-43646	26111
2026-05-19	-42668	24671
2026-05-26	-40893	22223
2026-06-02	-42661	23926
2026-06-09	-40368	22214
2026-06-16	-42318	24544
2026-06-23	-40240	23751
2026-06-30	-41325	27368
2026-07-07	-43095	28015
2026-07-14	-42597	25074
2026-07-21	-40453	23465
2026-07-28	-38809	22217
2026-08-04	-40422	22280
2026-08-11	-43974	23646
2026-08-18	-44792	23625
2026-08-25	-45053	25261
2026-09-01	-45280	26739
2026-09-08	-44908	26049

SILVER commercial and large speculator net positioning from Sep 21, 2021 to Sep 8, 2026, with a 10th-90th percentile band

Week

Commercial net

Large spec net

2021-09-21

-28055

15635

2021-09-28

-28648

16705

2021-10-05

-27778

16379

2021-10-12

-30292

17987

2021-10-19

-44580

30356

2021-10-26

-51504

37532

2021-11-02

-48860

33115

2021-11-09

-53669

36915

2021-11-16

-66148

45625

2021-11-23

-56998

40105

2021-11-30

-52009

38434

2021-12-07

-43148

29833

2021-12-14

-35855

21984

2021-12-21

-36399

20926

2021-12-28

-41928

26458

2022-01-04

-43973

30919

2022-01-11

-37360

27548

2022-01-18

-41540

29700

2022-01-25

-47684

32141

2022-02-01

-35263

22118

2022-02-08

-32571

19299

2022-02-15

-36348

23556

2022-02-22

-43720

30302

2022-03-01

-57150

44948

2022-03-08

-69609

52297

2022-03-15

-67579

51554

2022-03-22

-64557

47947

2022-03-29

-61372

48240

2022-04-05

-60036

45034

2022-04-12

-63690

45986

2022-04-19

-63288

46429

2022-04-26

-48783

35406

2022-05-03

-39317

28068

2022-05-10

-30519

19082

2022-05-17

-24841

16114

2022-05-24

-23297

14103

2022-05-31

-23861

13997

2022-06-07

-27990

17404

2022-06-14

-22047

14005

2022-06-21

-27250

18419

2022-06-28

-18485

10891

2022-07-05

-11622

5139

2022-07-12

-9612

3204

2022-07-19

-8213

1360

2022-07-26

-2653

-4500

2022-08-02

-9064

974

2022-08-09

-13574

2879

2022-08-16

-12451

3508

2022-08-23

-4319

-4500

2022-08-30

265

-8271

2022-09-06

5055

-12784

2022-09-13

-2551

-4640

2022-09-20

-5629

-1640

2022-09-27

-6860

758

2022-10-04

-17617

8708

2022-10-11

-15603

7389

2022-10-18

-9085

1267

2022-10-25

-8857

-101

2022-11-01

-10363

1524

2022-11-08

-22088

13003

2022-11-15

-29424

17607

2022-11-22

-27642

16766

2022-11-29

-28997

17483

2022-12-06

-32262

19208

2022-12-13

-35806

22819

2022-12-20

-40309

29762

2022-12-27

-42917

31027

2023-01-03

-44211

30934

2023-01-10

-42925

29013

2023-01-17

-45367

31468

2023-01-24

-39461

25684

2023-01-31

-40434

27316

2023-02-07

-29679

13531

2023-02-14

-25822

11506

2023-02-21

-23050

9902

2023-02-28

-13152

-54

2023-03-07

-5613

-7782

2023-03-14

-9237

-1219

2023-03-21

-12681

3462

2023-03-28

-21875

13361

2023-04-04

-31435

21283

2023-04-11

-36255

23718

2023-04-18

-38656

26595

2023-04-25

-41523

30603

2023-05-02

-45174

31952

2023-05-09

-46190

32360

2023-05-16

-37067

23815

2023-05-23

-34972

21958

2023-05-30

-34536

21124

2023-06-06

-34065

21475

2023-06-13

-38470

23736

2023-06-20

-36210

20058

2023-06-27

-29327

19052

2023-07-03

-29569

17990

2023-07-11

-31649

20292

2023-07-18

-55983

43862

2023-07-25

-49718

36925

2023-08-01

-44012

30831

2023-08-08

-30349

13324

2023-08-15

-23264

7861

2023-08-22

-23804

12877

2023-08-29

-35776

27133

2023-09-05

-37708

26804

2023-09-12

-32040

18033

2023-09-19

-29787

15231

2023-09-26

-33080

20105

2023-10-03

-30358

15344

2023-10-10

-26218

12299

2023-10-17

-31626

19746

2023-10-24

-34570

24332

2023-10-31

-33139

20211

2023-11-07

-30722

18253

2023-11-14

-31634

22398

2023-11-21

-40944

27452

2023-11-28

-47855

34280

2023-12-05

-52014

36303

2023-12-12

-47496

28458

2023-12-19

-48791

29751

2023-12-26

-52622

31863

2024-01-02

-50547

32570

2024-01-09

-43755

26362

2024-01-16

-43759

25593

2024-01-23

-34071

17737

2024-01-30

-37778

21426

2024-02-06

-33483

16880

2024-02-13

-29688

12425

2024-02-20

-37945

22377

2024-02-27

-32448

14499

2024-03-05

-45025

28315

2024-03-12

-55130

40978

2024-03-19

-64017

52435

2024-03-26

-65077

50836

2024-04-02

-67706

53147

2024-04-09

-71275

53212

2024-04-16

-74028

53359

2024-04-23

-77409

59340

2024-04-30

-75196

54494

2024-05-07

-74415

53652

2024-05-14

-81422

59461

2024-05-21

-83094

59644

2024-05-28

-81072

57183

2024-06-04

-81520

56403

2024-06-11

-78337

51692

2024-06-18

-78602

51901

2024-06-25

-80718

55978

2024-07-02

-79955

55834

2024-07-09

-84790

61056

2024-07-16

-83735

60165

2024-07-23

-73816

51380

2024-07-30

-70370

49061

2024-08-06

-69631

49081

2024-08-13

-66776

45289

2024-08-20

-71228

49324

2024-08-27

-72140

52186

2024-09-03

-64529

46059

2024-09-10

-62086

44742

2024-09-17

-77306

58298

2024-09-24

-81832

62198

2024-10-01

-79220

56924

2024-10-08

-76715

54715

2024-10-15

-75758

54032

2024-10-22

-85358

66355

2024-10-29

-82212

60431

2024-11-05

-74243

53346

2024-11-12

-67407

47642

2024-11-19

-65081

46323

2024-11-26

-61158

42783

2024-12-03

-62019

43260

2024-12-10

-59843

41165

2024-12-17

-57510

40264

2024-12-24

-55021

40163

2024-12-31

-52407

37889

2025-01-07

-56174

40948

2025-01-14

-59676

46080

2025-01-21

-62977

47480

2025-01-28

-60268

44368

2025-02-04

-69007

50361

2025-02-11

-68250

49710

2025-02-18

-71960

54454

2025-02-25

-70188

52862

2025-03-04

-70944

53316

2025-03-11

-77356

59526

2025-03-18

-81655

62298

2025-03-25

-80705

60950

2025-04-01

-76405

57258

2025-04-08

-64022

46516

2025-04-15

-62750

43949

2025-04-22

-64374

44726

2025-04-29

-69264

49943

2025-05-06

-67803

49252

2025-05-13

-66180

47754

2025-05-20

-66779

50042

2025-05-27

-70277

53012

2025-06-03

-79141

60770

2025-06-10

-85661

66650

2025-06-17

-85948

67174

2025-06-24

-82477

62947

2025-07-01

-84540

63400

2025-07-08

-79595

58521

2025-07-15

-79648

59448

2025-07-22

-79227

60620

2025-07-29

-78929

59407

2025-08-05

-72228

50658

2025-08-12

-66421

44268

2025-08-19

-66675

46549

2025-08-26

-68285

46466

2025-09-02

-74197

55923

2025-09-09

-73402

53937

2025-09-16

-71389

51538

2025-09-23

-72755

52276

2025-09-30

-71090

49739

2025-10-07

-68686

46217

2025-10-14

-64655

43181

2025-10-21

-57237

37259

2025-10-28

-55585

37119

2025-11-04

-52664

33221

2025-11-10

-52216

32986

2025-11-18

-53426

34016

2025-11-25

-53268

32188

2025-12-02

-56639

38519

2025-12-09

-60827

44709

2025-12-16

-55191

36352

2025-12-23

-54267

35884

2025-12-30

-50262

30063

2026-01-06

-51691

29271

2026-01-13

-55292

32060

2026-01-20

-46389

25214

2026-01-27

-44056

23703

2026-02-03

-45725

25877

2026-02-10

-42163

22955

2026-02-17

-42347

24003

2026-02-24

-41080

22260

2026-03-03

-39966

23338

2026-03-10

-41577

24578

2026-03-17

-38358

21881

2026-03-24

-40288

24673

2026-03-31

-38857

23904

2026-04-07

-38915

23417

2026-04-14

-40133

23562

2026-04-21

-40985

23720

2026-04-28

-40452

24160

2026-05-05

-40535

23892

2026-05-12

-43646

26111

2026-05-19

-42668

24671

2026-05-26

-40893

22223

2026-06-02

-42661

23926

2026-06-09

-40368

22214

2026-06-16

-42318

24544

2026-06-23

-40240

23751

2026-06-30

-41325

27368

2026-07-07

-43095

28015

2026-07-14

-42597

25074

2026-07-21

-40453

23465

2026-07-28

-38809

22217

2026-08-04

-40422

22280

2026-08-11

-43974

23646

2026-08-18

-44792

23625

2026-08-25

-45053

25261

2026-09-01

-45280

26739

2026-09-08

-44908

26049