FX.co ★ Speculators Trim Bullish Silver Bets as CFTC Net Longs Edge Lower

Net speculative positioning in U.S. silver futures eased in the latest reporting period, signaling a modest cooling in bullish sentiment among traders. According to the latest data released on 31 July 2026, CFTC silver speculative net positions slipped to 22.2K from a previous level of 23.5K.

The decline suggests that some investors have taken profits or reduced exposure after earlier gains, leading to a slight paring back of net long positions. While the move is not dramatic, the shift in positioning will be closely watched by market participants as an indicator of changing risk appetite and sentiment in the precious metals space.