The latest figures from the United States reveal a continued contraction in silver speculative net positions. As reported by the Commodity Futures Trading Commission (CFTC), the current indicator has stopped and reached 33.2K as of December 9, 2025. This marks a decline from the previous figure of 37.1K, indicating a significant pullback among speculators.
This downward shift signals a notable change in market sentiment, as speculative net positions in silver have decreased markedly in recent months. Investors appear to be reassessing their strategies amidst fluctuating commodity markets and uncertain economic conditions.
The decrease in positions may be attributed to a combination of factors, including potential changes in monetary policy, economic forecasts, and global supply-demand dynamics. Market participants will likely keep a close eye on upcoming economic reports and global events to navigate this challenging landscape and adjust their positioning accordingly. Analysts suggest this trend may continue into the new year, prompting careful consideration and strategic amendments from silver market investors.