Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Gain with Oil
By: Chris Mullen, Gold Seeker Report

Gold Stocks Remain in Downtrend but Uranium Stocks on the Cusp of New Bull Market
By: Jordan Roy-Byrne CMT, MFTA

Sunsets in the Land of U.S. Dollar Hegemony
By: Michael Ballanger

Precious Metals Sector: It’s 2013 All Over Again
By: Przemyslaw Radomski, CFA

Rugby Initiates Drilling at San Antonio Gold Project, Colombia
By: Rugby Mining Limited

Merk Research - US Equity Markets
By: Merk Research

Silver Looks Poised To Move Soon
By: Hubert Moolman

Which Precious Metals Are Likely To Be Better Investments During The Next Market Crash?
By: Steve St. Angelo

Wall Street Keeps Cool As Tariff Threat Grows
By: Rick Ackerman

Silver Guru Video: “The End of Empire and End of Fiat Currencies”
By: GoldCore

 
Search

GoldSeek Web

 
COT Gold, Silver and US Dollar Index Report - January 19, 2018

 -- Published: Friday, 19 January 2018 | Print  | Disqus 

Gold COT Report - Futures

Large Speculators

Commercial

Total

Long

Short

Spreading

Long

Short

Long

Short

301,863

90,152

73,170

158,202

390,709

533,235

554,031

Change from Prior Reporting Period

12,702

4,279

3,900

8,103

20,339

24,705

28,518

Traders

190

91

90

44

57

270

206

 

 

Small Speculators

 

 

 

 

Long

Short

Open Interest

 

 

 

49,098

28,302

582,333

 

 

 

2,173

-1,640

26,878

 

 

 

non reportable positions

Change from the previous reporting period

 

COT Gold Report - Positions as of

Tuesday, January 16, 2018

 

Gold COT Report - Futures & Options Combined

Large Speculators

Commercial

Total

Long

Short

Spreading

Long

Short

Long

Short

307,693

83,388

195,938

256,511

500,328

760,142

779,653

Change from Prior Reporting Period

14,809

2,565

24,916

23,837

39,533

63,562

67,014

Traders

211

108

158

52

64

332

265

 

 

Small Speculators

 

 

 

 

Long

Short

Open Interest

 

 

 

53,420

33,909

813,562

 

 

 

2,463

-989

66,025

 

 

 

non reportable positions

Change from the previous reporting period

 

COT Gold Report - Positions as of

Tuesday, January 16, 2018

 

Silver COT Report: Futures

Large Speculators

Commercial

Long

Short

Spreading

Long

Short

79,866

42,654

21,702

68,356

118,499

-4,447

-3,624

4,048

383

584

Traders

100

47

39

42

39

Small Speculators

Open Interest

Total

Long

Short

196,511

Long

Short

26,587

13,656

169,924

182,855

1,518

494

1,502

-16

1,008

non reportable positions

Positions as of:

156

113

 

Tuesday, January 16, 2018

  © SilverSeek.com  

 

Silver COT Report: Futures & Options Combined

Large Speculators

Commercial

Long

Short

Spreading

Long

Short

78,864

42,437

33,116

76,137

126,572

-4,710

-3,259

4,472

734

984

Traders

110

52

65

46

46

Small Speculators

Open Interest

Total

Long

Short

217,193

Long

Short

29,077

15,068

188,117

202,125

2,432

730

2,927

496

2,197

non reportable positions

Positions as of:

181

140

 

Tuesday, January 16, 2018

  © SilverSeek.com  

 

US Dollar Index COT Report - Futures

Large Speculators

Commercial

Total

Long

Short

Spreading

Long

Short

Long

Short

34,090

35,363

2,137

8,334

10,435

44,561

47,935

641

2,740

227

-70

-3,355

798

-388

Traders

73

53

9

8

8

85

66

 

Small Speculators

 

 

 

 

Long

Short

Open Interest

 

 

 

6,875

3,501

51,436

 

 

 

-739

447

59

 

 

 

non reportable positions

Change from the previous reporting period

 

COT Silver Report - Positions as of

Tuesday, January 16, 2018

 

US Dollar Index COT Report - Futures & Options Combined

Large Speculators

Commercial

Total

Long

Short

Spreading

Long

Short

Long

Short

34,116

35,363

2,170

8,336

10,464

44,622

47,997

647

2,734

225

-68

-3,347

804

-388

Traders

73

53

12

8

8

85

69

 

Small Speculators

 

 

 

 

Long

Short

Open Interest

 

 

 

6,896

3,521

51,517

 

 

 

-735

457

70

 

 

 

non reportable positions

Change from the previous reporting period

 

COT Silver Report - Positions as of

Tuesday, January 16, 2018

  

The COT reports which we look at each week provide a breakdown of each Tuesday's open interest for markets in which 20 or more traders hold positions equal to or above the reporting levels established by the CFTC.   The weekly reports for Futures-and-Options-Combined Commitments of Traders are released every Friday at 3:30 p.m. Eastern time.   The short report shows open interest separately by reportable and Non-reportable positions.   For reportable positions, additional data is provided for commercial and non-commercial holdings, spreading, changes from the previous report.

 

Futures and Options Combined

What does this title mean?   A future is a standardized contract traded through regulated exchanges where an investor buys or sells a contract at a specified price for a specific date in the future.   The price includes the interest charge due to the seller by the buyer from the date of the contract to the due date.   An option is the ‘right to buy or sell’ a contract at a fixed date in the future at a specific [strike] price.   The difference is that a futures contract is an agreement to buy or sell, whereas an option gives the holder the right to buy or sell.   An option holder can decide not to take up that right and will only lose the cost of buying the option.   His loss is therefore definable at the start of his investment, while the potential profit has not limit to it.   A futures contract is usually leveraged [a loan provided] up to 90% of the contract.   However, with the owner liable to top up his ‘margin’ to maintain this 10% his potential losses can rise far higher than his investment.  A ‘long’ [buying] contract limits its loss to the full price of the item, whereas the ‘short’ [selling] contract has no limit except the height that the price of the item can rise to.

 

The Commitment of Traders report [COT] is therefore a report on the overall position of the Commodity Exchange [COMEX or NYMEX].

 

Large & Small Speculators

The word “speculator” implies that the person is simply making a bet on the way he thinks the price of the item is going to move.   In essence, he is a gambler.   A trader might be this, but then again he might be an Arbitrageur, buying in one market and selling in another to capture the price difference between the two.   He wants to deal as fast as possible so as to minimize his risk of a price movement while he is exposed.   We would not put him in the same category as a speculator.

 

Contract

One contract is 100 ounces of gold, or 5,000 ounces silver.   The numbers referred to above are therefore the number of contracts in that position.   The net long speculative position is found by adding the large and small speculators bought contracts and deducting the large and small speculators sold contracts.   We work on there being 32,150 ounces in a tonne.

 

Buy [Long]

A long position is where an investor, trader, speculator buys 100 ounces x the number of contracts.     

 

Sell [Short]

A short position is where an investor, trader, speculator sells 100 ounces x the number contracts.

 

Spreading

For the options-and-futures-combined report, spreading measures the extent to which each non-commercial trader holds equal combined-long and combined-short positions. For example, if a non-commercial trader in Gold futures holds 2,000 long contracts and 1,500 short contracts, 500 contracts will appear in the "Long" category and 1,500 contracts will appear in the "Spreading" category.

 

Open Interest

Open interest is the total of all futures and/or option contracts entered into and not yet offset by a transaction, by delivery, by exercise, etc. The aggregate of all long open interest is equal to the aggregate of all short open interest.

 

Reportable Positions

Clearing members, futures commission merchants, and foreign brokers (collectively called "reporting firms") file daily reports with the Commission. Those reports show the futures and option positions of traders that hold positions above specific reporting levels set by CFTC regulations.

 

Commercial and Non-commercial Traders

When an individual reportable trader is identified to the Commodities Futures Trading Commission, the trader is classified either as "commercial" or "non-commercial." All of a trader's reported futures positions in a commodity are classified as commercial if the trader uses futures contracts in that particular commodity for hedging as defined in the Commission's regulations (1.3(z)).

 

Non-reportable Positions

The long and short open interest shown as "Non-reportable Positions" are derived by subtracting total long and short "Reportable Positions" from the total open interest. Accordingly, for "Non-reportable Positions," the number of traders involved and the commercial/non-commercial classification of each trader are unknown.

 

Changes in Commitments from Previous Reports

Changes represent the differences between the data for the current report date and the data published in the previous report.

 

Number of Traders

To determine the total number of reportable traders in a market, a trader is counted only once regardless whether the trader appears in more than one category (non-commercial traders may be long or short only and may be spreading; commercial traders may be long and short). To determine the number of traders in each category, however, a trader is counted in each category in which the trader holds a position. Therefore, the sum of the numbers of traders in each category will often exceed the "Total" number of traders in that market.


| Digg This Article
 -- Published: Friday, 19 January 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2018



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.