COT Reports / Metals / SI

Silver (SI): COT Report, Price & Analysis SI

Track how "Smart Money" institutions are positioning themselves in Silver (SI). By analyzing the latest Commitments of Traders (COT) data from the SILVER - COMMODITY EXCHANGE INC., with real-time price charts and sector comparisons, we provide a deep dive into the current market dynamics. Understanding these underlying shifts allows you to better anticipate where the market might be heading next.

About Silver (SI)

About Silver

Silver is a unique commodity functioning as both a precious metal (store of wealth) and a highly demanded industrial metal. Contracts include:

  • Standard Silver (SI): The massive 5,000-ounce contract.
  • E-Mini Silver (QI): 1/2 the size (2,500 ounces).
  • Micro Silver (SIL): 1/5th the size (1,000 ounces).

Primary Usage

Highly conductive and reflective, making it essential for electronics, solar panels, and medicine. It remains popular for jewelry and investment.

Market Dynamics & Key Drivers

  • Industrial Demand: Heavily used in green tech (solar), making its price sensitive to global economic growth.
  • Correlation with Gold: Silver often acts as a more volatile 'little brother' to gold.
  • Supply Constraints: Primarily mined as a byproduct of extracting other metals (like copper or zinc).
Price
$74.24 / oz Troy Ounce (oz) is the standard unit of measurement for precious metals. One troy ounce is approximately 31.1 grams.
Apr 08, 2026
Market Sentiment
Increasing Bullish
Outlook
Net Position
Net Position: Difference between long and short contracts of Non-Commercials (large speculators/funds). A positive value means they are predominantly net-long (expecting rising prices).
23,926
▲ 7.7%
Market Situation
The market situation analyzes the current net positioning compared to the historical average of recent years (Z-Score). This helps to identify extreme market conditions.
Bullish

Silver (SI) Price Chart

COT Charts

Latest News for Silver

Gold and silver tumble after hot jobs print lifts dollar, Treasury yields - Kitco PM Report
Gold and silver tumble after hot jobs print lifts dollar, Treasury yields - Kitco PM Report

Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Friday, after a stronger-than-expected May jobs report lifted Treasury yields, firmed the U.S. dolla...

Kitco Kitco, 6 days ago

Sunshine Silver Mining & Refining Announces Closing of Initial Public Offering, Including Full Exercise of Over-Allotment Option
Sunshine Silver Mining & Refining Announces Closing of Initial Public Offering, Including Full Exercise of Over-Allotment Option

KELLOGG, Idaho, June 5, 2026 /PRNewswire/ -- Sunshine Silver Mining & Refining Company (the "Company" or "Sunshine") today announced the closing of its initial public offering o...

PRNewsWire PRNewsWire, 6 days ago

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 3% As Traders Bet On Hawkish Fed

Strong U.S. job market data triggered a sell-off in precious metals markets.

FXEmpire FXEmpire, 6 days ago

Positioning History

commercial and non-commercial positions
Date Position Net Position
Difference between Non-Commercial Long and Short
Non-Comm. Long
Speculators & funds betting on rising prices
Non-Comm. Short
Speculators & funds betting on falling prices
Comm. Long
Hedgers/producers hedging against rising prices
Comm. Short
Hedgers/producers hedging against falling prices
Jun 02, 2026 Bullish 23,926 33,933 10,007 25,782 68,443
May 26, 2026 Bullish 22,223 32,758 10,535 27,605 68,498
May 19, 2026 Bullish 24,671 34,591 9,920 27,108 69,776
May 12, 2026 Bullish 26,111 36,569 10,458 27,341 70,987
May 05, 2026 Bullish 23,892 32,965 9,073 26,094 66,629
Apr 28, 2026 Bullish 24,160 31,314 7,154 29,676 70,128
Apr 21, 2026 Bullish 23,720 33,233 9,513 32,357 73,342
Apr 14, 2026 Bullish 23,562 32,391 8,829 32,338 72,471
Apr 07, 2026 Bullish 23,417 32,810 9,393 28,211 67,126
Mar 31, 2026 Bullish 23,904 33,463 9,559 29,892 68,749
Mar 24, 2026 Bullish 24,673 33,938 9,265 29,511 69,799
Mar 17, 2026 Bullish 21,881 31,125 9,244 31,938 70,296
Mar 10, 2026 Bullish 24,578 33,306 8,728 31,789 73,366