Commitments of Traders · Disaggregated, futures only

What positions do traders hold in SILVER futures?

In SILVER futures, managed money held a net long position of 3,505 contracts and open interest was 113,992 contracts on (CFTC Commitments of Traders, released ).

Net positions in SILVER futures each week: managed money, producers, merchants, processors and users, swap dealers, contracts

8 November 2016 to 20 October 2026Net is long less short, ours; contracts

Net positions in SILVER futures each week: managed money, producers, merchants, processors and users, swap dealers, contracts (8 November 2016 to 20 October 2026)
Net positions in SILVER futures each week: managed money, producers, merchants, processors and users, swap dealers, contracts (22 October 2024 to 20 October 2026)

The lines

  • Managed money+3,505
  • Producers, merchants, processors and users−15,029
  • Swap dealers−22,147

Open interest in SILVER futures each week, contracts

8 November 2016 to 20 October 2026Contracts

Open interest in SILVER futures each week, contracts (8 November 2016 to 20 October 2026)
Open interest in SILVER futures each week, contracts (22 October 2024 to 20 October 2026)

Each point is one week of SILVER futures from the CFTC's Disaggregated report (futures only): the net position, long contracts less short contracts, of one group of traders, or all open contracts. The chart shows up to the newest ten years. Pointing at the chart shows the week and the value.

Select a line to followLatest:

Inspect and compare dates

The latest week of SILVER futures beside the one before it and the nearest ones a year and five years earlier. The weeks of the last two years and every group's long and short are in the tables under "The numbers behind the chart".

Positions in SILVER futures in the week of 20 October 2026 beside earlier weeks (contracts)
MeasureLatestThe week beforeA year earlierFive years earlier
Week
Open interest113,992108,433172,415143,664
Managed money, net+3,505+5,619+23,038+19,437
Producers, merchants, processors and users, net−15,029−15,801−26,013−38,304
Swap dealers, net−22,147−23,641−38,642−6,276

The table scrolls sideways; the first column stays in place.

Observed .

Right now

Managed money held a net long position of 3,505 contracts in SILVER futures in the week to , the largest net long since the week of .

The producers, merchants, processors and users were net short 15,029 contracts that week, and swap dealers net short 22,147 contracts.

See every week of the last two years

Open interestSILVER, week of 20 October 2026

Open interest was 113,992 contracts in the week to , the most since the week of .

+5,559 contracts from the week before, held by 163 reporting traders.

See the long and short of each group

RecordsOurs, since the week of 13 June 2006

Open interest was highest at 244,196 contracts in the week of .

Managed money held their largest net long, 98,564 contracts, in the week of , and their largest net short, 48,923 contracts, in the week of .

See each group's positions

The other groupsNet, and the last week larger

Producers, merchants, processors and users: net short 15,029 contracts, the largest net short since the week of .

Swap dealers: net short 22,147 contracts, the largest net short since the week of .

Other reportable traders: net long 16,290 contracts, the largest net long since the week of .

See each group's positions

Understanding the futures positions report

Where it stands today

Managed money were net long 3,505 contracts in SILVER futures in the week of 20 October 2026.

Who are the groups in the report?

The CFTC's Disaggregated report, one of its Commitments of Traders reports, gives the positions held in each commodity futures market on a Tuesday, sorted by kind of trader: managed money, producers, merchants, processors and users, swap dealers, other reportable traders and traders below the reporting level.

Read more

A position is a number of contracts, long or short; swap dealers, managed money and other reportables also report spread positions, which hold both. The CFTC assigns each reporting trader to a group from the business the trader reports. This page uses the report's futures-only figures, which leave out options. The report gives the contract size of SILVER futures as (CONTRACTS OF 5,000 TROY OUNCES), and the market as SILVER - COMMODITY EXCHANGE INC..

What 500metrics adds: net positions (long less short, which leave out spread positions), the change from the week before, the records since the week of 13 June 2006, and the last week a group's net position was larger on the same side.

The numbers behind the chart

How were the SILVER positions split between long and short?Week of 20 October 2026, contracts
Long, short and spread positions of each group in SILVER futures (SILVER - COMMODITY EXCHANGE INC.), week of 20 October 2026 (contracts; net is ours)
GroupLongShortSpreadNet
Managed money16,18012,67510,767+3,505
Producers, merchants, processors and users5,04620,075n/a−15,029
Swap dealers25,78847,9354,489−22,147
Other reportable traders18,3952,1056,151+16,290
Nonreportable (below the reporting level)27,1769,795n/a+17,381

The table scrolls sideways; the first column stays in place.

What were the net positions in SILVER futures each week?104 weeks, newest first, since 29 October 2024
Open interest and net positions in SILVER futures by week, newest first (contracts; net is ours)
WeekOpen interestManaged money, netProducers, merchants, processors and users, netSwap dealers, netOther reportable traders, net
113,992+3,505−15,029−22,147+16,290
108,433+5,619−15,801−23,641+17,012
105,130+7,528−16,253−25,339+15,625
107,047+7,614−16,512−23,498+14,469
106,474+13,309−18,512−26,242+12,135
103,745+13,124−17,354−25,346+12,202
103,250+14,386−17,517−27,391+11,663
104,362+12,598−16,675−28,605+14,141
113,801+14,073−17,153−27,900+11,188
120,117+11,695−16,087−28,705+11,930
115,127+11,158−15,946−28,028+12,488
111,999+11,974−13,080−27,342+10,306
106,719+9,182−13,029−25,780+13,035
106,410+11,282−13,044−27,409+12,183
105,023+11,501−12,708−29,889+13,573
104,859+13,201−13,356−29,739+14,814
108,964+13,782−12,271−29,054+13,586
108,944+11,741−13,722−26,518+12,010
107,721+12,885−16,612−25,706+11,659
103,440+10,403−16,659−23,709+11,811
102,809+10,444−17,993−24,668+13,482
101,744+10,055−19,545−21,348+12,168
100,751+11,564−19,293−23,375+13,107
103,800+15,761−19,632−24,014+10,350
96,932+10,843−17,613−22,922+13,049
101,275+10,606−18,110−22,342+13,554
Show 78 more rows
Open interest and net positions in SILVER futures by week, newest first (contracts; net is ours) (continued)
WeekOpen interestManaged money, netProducers, merchants, processors and users, netSwap dealers, netOther reportable traders, net
115,462+8,868−16,417−24,568+14,852
116,983+11,270−16,756−23,377+12,292
115,138+10,398−15,570−23,345+13,019
115,169+11,266−15,492−23,365+12,638
113,164+11,158−15,242−25,046+13,515
114,758+9,647−14,797−23,561+12,234
115,458+10,289−16,153−25,424+14,289
113,326+7,766−15,015−24,951+15,572
125,454+8,523−16,675−24,405+13,737
131,496+5,968−15,883−26,464+18,035
133,641+4,569−16,790−25,373+18,386
143,180+4,983−18,267−27,458+20,894
156,637+7,699−21,213−22,843+16,004
152,020+9,946−19,756−26,633+15,268
151,513+13,792−25,511−29,781+18,268
153,240+15,822−25,545−26,146+13,449
157,391+14,008−26,074−24,188+16,055
155,710+21,608−24,229−30,038+14,276
152,921+21,887−25,373−29,818+14,465
154,762+25,775−28,837−31,990+18,934
150,832+18,974−26,739−29,900+19,545
144,541+19,061−24,193−29,075+13,127
153,295+20,234−23,552−29,874+13,782
159,649+22,655−23,125−29,091+10,331
155,257+19,157−22,607−30,057+14,064
158,187+21,899−23,520−32,065+15,220
169,418+17,212−23,490−33,747+20,047
172,415+23,038−26,013−38,642+20,143
166,474+27,493−24,038−44,648+18,724
163,837+34,921−26,823−44,267+14,818
165,805+37,099−28,823−43,932+15,177
162,954+35,806−27,925−43,464+15,732
156,703+35,855−27,944−45,458+18,082
158,368+38,770−29,721−44,476+17,153
158,630+32,971−24,498−43,787+13,495
158,477+28,046−22,577−44,098+18,503
156,432+27,280−23,010−43,411+16,988
161,262+29,823−28,811−43,417+20,835
170,329+43,024−30,222−48,707+16,383
173,679+44,014−29,827−49,400+16,606
171,474+43,206−30,369−49,279+16,242
162,803+42,756−27,271−52,324+15,765
163,567+44,927−30,152−54,388+18,473
174,613+45,111−34,485−47,992+17,836
184,831+48,865−36,473−49,475+18,309
174,281+47,933−36,562−49,099+18,717
163,347+44,833−33,435−45,706+15,937
147,555+33,212−31,302−38,975+19,800
141,451+30,445−30,792−35,987+19,597
138,262+28,333−30,447−35,733+19,421
140,261+29,882−30,699−37,104+19,370
152,669+30,738−30,999−38,265+19,205
146,923+25,891−30,927−33,447+18,835
144,400+23,552−32,227−30,523+20,397
154,289+22,685−32,142−31,880+23,831
170,197+41,019−37,362−39,043+16,239
169,628+45,392−37,594−43,111+15,558
170,566+49,488−37,072−44,583+12,810
155,263+41,977−35,240−42,116+17,549
145,935+34,098−31,626−39,318+19,218
163,681+32,939−39,955−30,233+19,923
170,107+38,306−39,415−32,545+16,148
164,251+34,376−37,306−30,944+15,334
170,726+36,247−38,487−30,520+14,114
165,135+25,950−34,476−25,792+18,418
159,899+29,221−34,032−28,945+18,259
150,364+29,343−33,599−26,077+16,737
151,590+25,439−33,744−22,430+15,509
151,013+17,170−33,507−18,900+20,719
145,618+20,548−33,842−21,179+19,615
146,938+21,879−34,032−23,478+18,385
151,096+29,320−35,291−24,552+11,845
134,074+24,332−33,046−28,973+18,928
134,590+23,105−34,409−26,749+19,678
141,287+25,938−34,733−30,348+20,385
147,526+24,225−34,128−33,279+23,417
151,126+32,297−35,258−38,985+21,049
156,320+39,753−39,679−42,533+20,678

The table scrolls sideways; the first column stays in place.

What do these figures leave out, and how are they cited?Limits, dates and how to cite

What this number cannot tell you

  • Positions are those of the Tuesday the report is dated; the CFTC released the report on 23 October 2026.
  • A trader's group comes from the CFTC's own classification. Nonreportable positions are open interest less the reportable positions.
  • Net positions leave out spread positions, so a group's long and short do not account for all of its contracts.
  • Records and ranks are counted from the week of 13 June 2006, the start of this market's latest run of weekly reports. The CFTC can revise a week in a later report, and our collector keeps the earlier figure.
  • Contracts are not comparable between markets: the size of one is the CFTC's contract size above.
  • Market names are the CFTC's own, written as it writes them. 500metrics is independent and is not affiliated with, sponsored or endorsed by any index provider, exchange or company named in them.

Observed . Checked .

How to cite this

U.S. Commodity Futures Trading Commission, Commitments of Traders, Disaggregated report (futures only), SILVER - COMMODITY EXCHANGE INC., week of 20 October 2026, released 23 October 2026. Compiled by 500metrics, "What positions do traders hold in SILVER futures?", https://500metrics.com/futures-positions/silver.

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