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Latest Silver COT Report Reveals The Exact Positioning Set Up That Has Fueled Silver’s Biggest Rallies!

Open ornate bank vault stocked with silver bars, surrounded by flames and smoke


Classic MASSIVELY BULLISH Silver COT Report!

CFTC Commitments of Traders report table for silver futures, dated April 7, 2026, showing positions by trader category


📊Open Interest: 115,138 contracts Managed Money (Large Specs):
13,838 Long vs. only 3,440 Short
➡️Net +10,398 long (12.0% Long / 3.0% Short of OI)

📈Other Reportables:
18,972 Long vs. 5,953 Short
➡️Net +13,019 long + they added another +426 longs this week!

⚡️Commercial Improvement:
➡️Swap Dealers covered -1,089 shorts
➡️Producers/Merchants covered -300 shorts

🔥Classic bullish COT structure: Large specs heavily net long while commercials continue to lighten their massive short hedge book.

🔥This is the exact COT positioning that has fueled silver’s biggest rallies‼️

Open ornate bank vault stocked with silver bars, surrounded by flames and smoke

CFTC Commitments of Traders report table for silver futures, dated April 7, 2026, showing positions by trader category

Disclosure

The SilverTrade Insider publishes market news and interviews with named analysts. Opinions expressed by contributors and interviewees are their own, and they may hold positions in the metals, miners or securities they discuss. Nothing here is investment advice.

SilverTrade is affiliated with SD Bullion, a precious-metals retailer, and SD Depository, a precious-metals storage company. Some contributors hold roles at affiliated companies. See our Editorial Policy.

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