Silver
Silver
Week of March 31, 2026
BEARISH
Smart money is net long and buying more.
2Y percentile: 10th — Extremely low (historically rare)
Weekly change: +108 contracts
Weekly Changes
Producer/Merchant-250
Managed Money+108
Swap Dealer+1.7K
Other Reportable-877
Positioning Percentile (2Y)
Producer/Merchant
97thExtremely high (historically rare)
050100
Managed Money
10thExtremely low (historically rare)
050100
Swap Dealer
96thExtremely high (historically rare)
050100
Other Reportable
3rdExtremely low (historically rare)
050100
Full Stats Table
| Trader Type | Net Position | Weekly Change | 2Y Percentile | 5Y Percentile |
|---|---|---|---|---|
| Producer/Merchant | -15.5K | -250 | 97th | 99th |
| Managed Money | +11.3K | +108 | 10th | 32nd |
| Swap Dealer | -23.4K | +1.7K | 96th | 39th |
| Other Reportable | +12.6K | -877 | 3rd | 42nd |
About Silver Positioning
Gold's volatile cousin with industrial demand. Silver positioning amplifies gold moves but adds an industrial cycle dimension. Extreme managed money longs in silver often mark late-stage precious metals rallies. The gold-silver ratio combined with COT data tells you whether this is a monetary or industrial trade.