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US CFTC Silver Speculative net positions climbed to 23.9K in May 2026, released June 2026, up 1.7K from April's 22.2K 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).
CFTC Silver Speculative net positions (United States) was reported at 24 thousand in June 2026. The reading rose from the previous value of 22 thousand. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 40 thousand, ranging from 22 thousand to 67 thousand across 42 releases.
The trailing three releases averaged 24 thousand, down from the prior three at 24 thousand. Volatility over the past year (σ 15 thousand) is lower than the prior year (σ 23,853 thousand). In June readings over the past 3 years, CFTC Silver Speculative net positions has averaged 56 thousand.
Historically, this indicator is negatively correlated with AAPL (Bearish AAPL).
The next release is scheduled for June 12, 2026. Same-country events in the next 14 days include OPEC Monthly Report (Jun 11) and Core PPI MoM (Jun 11).
Auto-generated from current model state · Refreshes on each release · Last update June 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 (Jun 2026): actual 23.9 K. Prior reading (May 2026): 22.2 K. Before that (May 2026): 24.7 K.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
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| Wednesday, June 10, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | Core Inflation Rate MoM | 0.2 | 0.4 | 0.3 | 0.25 | High | |
| 12:30 | CPI | 335.12 | 333.02 | 335.11 | 335.12 | Medium | |
| 12:30 | CPI s.a | 333.979 | 332.407 | 333.7 | 333.84 | Medium | |
| 12:30 | Core Inflation Rate YoY | 2.9 | 2.8 | 2.9 | 2.90 | High | |
| 12:30 | Inflation Rate MoM | 0.5 | 0.6 | 0.5 | 0.50 | High | |
| 12:30 | Inflation Rate YoY | 4.2 | 3.8 | 4.2 | 4.20 | High | |
| 12:30 | CPI YoY | 4.2 | 3.8 | 4.2 | 4.20 | High | |
| 12:30 | CPI MoM | 0.2 | 0.4 | 0.3 | 0.25 | High | |
| 14:30 | EIA Distillate Stocks Change | -0.2 | 1.502 | -0.5 | -0.35 | Low | |
| 14:30 | EIA Gasoline Stocks Change | 0.186 | 3.364 | -0.5 | -0.16 | Medium | |
| 14:30 | EIA Crude Oil Stocks Change | -7.228 | -7.974 | -4 | -5.61 | Medium | |
| 18:00 | Monthly Budget Statement | -293 | 215 | -275 | -284.00 | Medium | |
| 18:00 | Budget Balance | -293 | 215 | -282.9 | -287.95 | Medium | |
| Thursday, June 11, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Core PPI MoM | 1 | 0.5 | 0.50 | Medium | ||
| 12:30 | Producer Price Index YoY | 6 | 6.4 | 6.40 | Low | ||
| 12:30 | Initial Jobless Claims | 225 | 219 | 219.00 | Medium | ||
| 12:30 | Continuing Jobless Claims | 1777 | 1780 | 1780.00 | Low | ||
| 12:30 | Producer Price Index MoM | 1.4 | 0.7 | 0.70 | High | ||
| 12:30 | Core PPI YoY | 5.2 | 5.4 | 5.40 | Low | ||
| 12:30 | Jobless Claims 4-Week Average | 214.75 | 216.5 | 216.50 | Low | ||
| 12:30 | Producer Price Index | 156.496 | 157.5 | 157.50 | Low | ||
| 12:30 | PPI Ex Food, Energy and Trade YoY | 4.4 | 4.4 | 4.40 | Low | ||
| 12:30 | PPI Ex Food, Energy and Trade MoM | 0.6 | 0.3 | 0.30 | Low | ||
| 14:30 | EIA Natural Gas Stocks Change | 95 | 101 | 101.00 | Low | ||
| Friday, June 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 14:00 | Michigan Current Conditions | 45.8 | 46.2 | 47.65 | Low | ||
| 14:00 | Michigan Inflation Expectations | 4.8 | 4.8 | 4.80 | Low | ||
| 14:00 | Michigan 5 Year Inflation Expectations | 3.9 | 3.8 | 3.80 | Low | ||
| 14:00 | Michigan Consumer Expectations | 44.1 | 44.3 | 44.10 | Low | ||
| 14:00 | Michigan Consumer Sentiment | 44.8 | 46 | 46.25 | High | ||
| Monday, June 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | NY Empire State Manufacturing Index | 19.6 | 9 | 7.30 | Medium | ||
| 13:15 | Industrial Production MoM | 0.7 | 0.5 | 0.55 | Medium | ||
| 13:15 | Capacity Utilization | 76.1 | 76 | 76.05 | Low | ||
| 13:15 | Industrial Production YoY | 1.4 | 1.9 | 1.55 | Low | ||
| 13:15 | Manufacturing Production MoM | 0.6 | 0.3 | 0.35 | Low | ||
| 13:15 | Manufacturing Production YoY | 1.3 | 1.7 | 1.35 | Low | ||
| 14:00 | NAHB Housing Market Index | 37 | 36 | 36.50 | Medium | ||