Silver Traders Shift Sentiment with Increased Short Positions
The report also shows that Large Speculators in the silver futures and options combined market hold a net long position of 418 contracts, with Commercial traders holding a net short position of -502 contracts. Small Speculators in this market have a net short position of -502 contracts.
These figures indicate a shift in sentiment among traders in the silver market, with some speculating on price declines and others taking bullish positions.