SLV
iShares Silver Trust
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No author price targets found in calls from the last 90 days.
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Last 24 hours
Nov 12, 13:39 → Nov 13, 13:39
CFTC data show silver spec net longs at lowest since January 2025
Citing CFTC data, KobeissiLetter reports speculative investors sold $2.3 billion of silver futures in the five weeks ending November 3, driven by $2.6 billion of new shorts partly offset by $300 million of new longs. Hedge funds and commodity trading advisers, alongside smaller traders such as retail investors, accounted for most of the sales, with each of those two groups cutting exposure by about $1.4 billion. Aggregate net long speculative positioning fell to $8.0 billion, its lowest since January 2025, and is more than $16 billion below its January 2026 peak.
Weekly brief
Nov 06, 13:39 → Nov 13, 13:39
Silver spec net longs fall to lowest since January 2025
CFTC data reported by KobeissiLetter show speculative investors sold $2.3 billion of silver futures in the five weeks to November 3, cutting aggregate net long positioning to $8.0 billion, the lowest since January 2025 and more than $16 billion under the January 2026 peak. Hedge funds and commodity trading advisers, alongside smaller traders such as retail investors, accounted for most of the selling, with each of those two groups cutting about $1.4 billion. zerohedge highlighted the same short-heavy picture, asking whether silver specs, hardly ever this short, are finally set for a squeeze.
Silver gains almost 3% twice, reaching $53.41 and $53.05 an ounce
First Squawk reported two separate nearly 3% silver price gains, first to $53.41 an ounce and later to $53.05 an ounce. A scorecard from krugermacro lists precious metals among the winners since Election Day, with silver up 7.8% and gold up 3.5%, while memory names, Nvidia and crypto lagged. A Motley Fool summary carried by Yahoo Finance and Mitrade says silver has been rising modestly since the midterm results, holding firmly above $50.
Silver ETF buying rose 57% last month while gold ETF buying fell 21%
singhlicious posted last month's ETF numbers: silver buying up 57%, gold buying down 21%, and overall ETF investments up 31% to Rs 20,304 crore. The author reads the shift as investors booking gold profits and buying silver because they think it has more room to run, or simply averaging in. The post closes by asking followers which of the two metals they are buying.
Dhanteras gold and silver sales top Rs 60,000 crore
singhlicious reported that combined gold and silver sales for Dhanteras crossed Rs 60,000 crore, with buyers taking roughly the same quantity as last year after gold prices fell about Rs 5,000 just before the festival. Buyers favoured lighter 14K and 18K jewellery and coins, and gold coin orders on Instamart rose 23 times compared with last year. Jewellers still saw fewer buyers as shoppers shifted to budget-friendly options and easy delivery.
Motley Fool: SLV is down 25% this year and near 60% off its high
A Motley Fool article carried by Yahoo Finance and Mitrade says the iShares Silver Trust has fallen 25% this year and sits close to 60% below its high. It notes silver is still well below the more than $120 it reached early in the year, and says news that Kevin Warsh was chosen as the new Fed chair in late January appeared to trigger silver's decline. The piece adds that silver proved popular with retail investors earlier in the year.
What to watch
December 9 FOMC decision flagged as the next swing factor for silver
A Motley Fool article carried by Yahoo Finance and Mitrade marks December 9, when the FOMC is set to decide on interest rates, as the date to watch for silver. It notes silver crashed in January after the president announced Kevin Warsh as his pick for the new Fed chair, and says another rate hike could renew animosity between the Fed and the president and push investors back toward safe-haven assets. The hike is presented as a possibility, not a confirmed outcome.
Is a silver short squeeze near with specs hardly ever this short?
zerohedge asked whether the squeeze is finally here, noting silver specs have hardly ever been this short. KobeissiLetter's CFTC tally puts aggregate net long speculative positioning at $8.0 billion, the lowest since January 2025 and more than $16 billion below the January 2026 peak. Whether that positioning fuels a squeeze or keeps weighing on prices is unresolved in the material.
Silver's bottom unconfirmed as traders watch the July low and 100-week SMA
cantonmeow said he does not know whether silver has bottomed, flagging a resistance zone that includes the July low and the 100-week SMA and saying trend is not yet silver's friend. Peter L. Brandt wants a chart bottom in $SI_F before owning leveraged futures exposure. Neither author set a date for a confirmed turn.
