Net speculative positioning in U.S. silver futures eased in the latest week, according to data released on 13 February 2026 by the Commodity Futures Trading Commission (CFTC).
CFTC figures show that silver speculative net positions declined from 25.9K contracts previously to 23.0K contracts, indicating a moderation in bullish sentiment among traders. The reduction suggests that some investors have taken profits or scaled back exposure, even as silver remains closely watched as both an industrial metal and a potential safe-haven asset.
Market participants will be monitoring upcoming economic data and Federal Reserve signals to gauge whether this pullback in net long positions marks the start of a broader repositioning in precious metals or a brief pause in speculative interest.
