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COT Silver Report - January 23, 2026

Silver COT Report - Futures
Large Speculators Commercial Total
Long Short Spreading Long Short Long Short
42,965 17,751 29,724 43,723 90,112 116,412 137,587
-4,372 2,474 3,659 1,128 -7,775 415 -1,642
Traders
87 51 53 37 44 154 121
  Small Speculators      
  Long Short Open Interest    
  35,608 14,433 152,020    
  92 2,149 507    
  non reportable positions Change from the previous reporting period  
COT Silver Report - Positions as of Tuesday, January 20, 2026

image 889

Silver COT Report - Futures & Options Combined
Large Speculators Commercial Total
Long Short Spreading Long Short Long Short
39,825 15,210 102,363 60,215 105,742 202,403 223,314
-3,259 2,751 8,682 1,216 -7,262 6,638 4,170
Traders
95 52 95 45 53 182 161
  Small Speculators      
  Long Short Open Interest    
  41,609 20,698 244,012    
  111 2,579 6,749    
  non reportable positions Change from the previous reporting period  
COT Silver Report - Positions as of Tuesday, January 20, 2026

image 890 

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