Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS CFTC Silver Speculative net positions climbed to 24.5K in May 2026
FMPMonthlyReleased June 2026
US CFTC Silver Speculative net positions climbed to 24.5K in May 2026, released June 2026, up 2.3K from April's 22.2K reading.
Latest Release
24.500000
Actual
—
Consensus
22.200000
Previous
Sigmacast Track Record
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).
THE RELEASE
CFTC Silver Speculative net positions (United States) was reported at 25 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 38 thousand, ranging from 22 thousand to 63 thousand across 42 releases.
WHY IT MATTERS
The trailing three releases averaged 24 thousand, down from the prior three at 24 thousand. Volatility over the past year (σ 14 thousand) is lower than the prior year (σ 23,449 thousand). In June readings over the past 3 years, CFTC Silver Speculative net positions has averaged 47 thousand.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with AAPL (Bearish AAPL).
WHAT TO WATCH NEXT
The next release is scheduled for June 26, 2026. Same-country events in the next 14 days include Chicago Fed National Activity Index (Jun 25) and Durable Goods Orders MoM (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
CFTC Silver Speculative net positions - US
Loading chart data...
About CFTC Silver Speculative net positions — United States
DEFINITION
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.
WHY THIS INDICATOR MATTERS
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.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 24.5 K. Prior reading (Jun 2026): 22.2 K. Before that (Jun 2026): 23.9 K.
WHAT'S NEXT
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 bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - US Events
| Thursday, June 25, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | US | Chicago Fed National Activity Index | 0.14 | 0.12 | 0.12 | Medium | |
| 12:30 | US | Durable Goods Orders MoM | 7.9 | -4.3 | -4.30 | High | |
| 12:30 | US | Core PCE Price Index MoM | 0.2 | 0.3 | 0.30 | High | |
| 12:30 | US | Initial Jobless Claims | 226 | 225 | 225.00 | Medium | |
| 12:30 | US | Personal Income MoM | 0 | 0.4 | 0.40 | High | |
| 12:30 | US | Personal Spending MoM | 0.1 | 0.1 | 0.10 | Low | |
| 12:30 | US | Durable Goods Orders Ex Transp MoM | 1.1 | 0.7 | 0.70 | Medium | |
| 12:30 | US | PCE Price Index MoM | 0.4 | 0.5 | 0.50 | Medium | |
| 12:30 | US | Non Defense Goods Orders Ex Air | -1.1 | 0.6 | 0.60 | Low | |
| 12:30 | US | Continuing Jobless Claims | 1810 | 1800 | 1784.50 | Low | |
| 12:30 | US | Core PCE Price Index YoY | 3.3 | 3.4 | 3.40 | Low | |
| 12:30 | US | Durable Goods Orders Ex Defense MoM | 8.1 | -3.9 | -3.90 | Low | |
| 12:30 | US | Jobless Claims 4-Week Average | 223.25 | 226 | 225.25 | Low | |
| 12:30 | US | PCE Price Index YoY | 3.8 | 4 | 4.00 | Medium | |
| 12:30 | US | Real Consumer Spending | 1.4 | 1.4 | 1.40 | Low | |
| 15:00 | US | Kansas Fed Composite Index | 8 | 6 | 10.00 | Low | |
| 15:00 | US | Kansas Fed Manufacturing Index | 9 | 7 | 11.50 | Low | |
| Friday, June 26, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Goods Trade Balance Adv | -83 | -85.2 | -85.20 | Medium | |
| 12:30 | US | Wholesale Inventories MoM | 0.6 | 0.2 | 0.20 | Medium | |
| 12:30 | US | Retail Inventories Ex Autos MoM | 0.6 | 0.1 | 0.10 | Medium | |
| 12:30 | US | Goods Trade Balance | -83.01 | -85.4 | -85.40 | Medium | |