Loading page content
Loading page content
US CFTC Silver Speculative net positions fell to 22.6K in September 2026, released October 2026, down 0.6K from August's 23.2K reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/JPY | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| USD/CHF | ▲ Direct | +0.27 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
CFTC Silver Speculative net positions (United States) was reported at 23 thousand in October 2026. The reading fell from the previous value of 23 thousand. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 28 thousand, ranging from 22 thousand to 50 thousand across 41 releases.
The trailing three releases averaged 23 thousand, down from the prior three at 26 thousand. Volatility over the past year (σ 7 thousand) is lower than the prior year (σ 20,787 thousand). In October readings over the past 3 years, CFTC Silver Speculative net positions has averaged 25,371 thousand.
The next release is scheduled for October 23, 2026. Same-country events in the next 14 days include MBA 30-Year Mortgage Rate (Oct 21) and EIA Gasoline Stocks Change (Oct 21).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
CFTC Silver Speculative net positions is a financial indicator that measures the difference between the number of long and short positions held by speculators in the silver market. This data is collected and reported by the Commodity Futures Trading Commission (CFTC) and is used by investors and analysts to gauge market sentiment and potential price movements in the silver market. A positive net position indicates that speculators are bullish on silver, while a negative net position suggests a bearish sentiment. This indicator can provide valuable insights for making informed investment decisions in the silver market.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Oct 2026): actual 22.6 K. Prior reading (Oct 2026): 23.2 K. Before that (Oct 2026): 22.1 K.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Tuesday, October 20, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | Housing Starts | 1.221 | 1.288 | 1.3 | 1.26 | High | |
| 12:30 | Housing Starts MoM | -5.2 | -5.9 | 1.9 | -1.65 | Medium | |
| 12:30 | Building Permits | 1.4 | 1.403 | 1.39 | 1.39 | High | |
| 12:30 | Building Permits MoM | -0.2 | -2.1 | -0.7 | -0.47 | Medium | |
| 14:00 | Pending Home Sales YoY | -11.3 | -4.7 | 1 | -5.15 | Medium | |
| 14:00 | Pending Home Sales MoM | -7.3 | 0.3 | -0.5 | -3.90 | Medium | |
| 20:30 | API Crude Oil Stock Change | -4.93 | -11.12 | -1.3 | -3.12 | Medium | |
| Wednesday, October 21, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 14:30 | EIA Crude Oil Stocks Change | -8.557 | -0.1 | -0.10 | Medium | ||
| Thursday, October 22, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Jobless Claims 4-Week Average | 198.5 | 200 | 197.25 | High | ||
| 12:30 | Continuing Jobless Claims | 1710 | 1720 | 1713.50 | High | ||
| 12:30 | Initial Jobless Claims | 199 | 200 | 187.50 | High | ||
| 14:00 | Leading Index MoM | -0.1 | -0.1 | -0.10 | Low | ||
| 15:00 | Kansas Fed Composite Index | 14 | 11 | 11.00 | Low | ||
| 15:00 | Kansas Fed Manufacturing Index | 20 | 18 | 21.00 | Low | ||
| Friday, October 23, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 13:45 | S&P Global Composite PMI | 58.4 | 57.6 | 58.25 | Medium | ||