CFTC Position: Gold and silver were sold off, copper and crude oil were increased.

Data from the US Commodity Futures Trading Commission (CFTC) showed that speculators' net long position in COMEX gold fell by 3,352 contracts to 95,498 contracts in the week ended April 21.

Net long COMEX silver positions fell to 8,863 contracts in the week ended April 21, a seven-week low. Net long COMEX copper positions rose to 59,132 contracts, a new high in more than three months. Reduce net long NYMEX platinum positions and increase net short NYMEX palladium positions.FXT

As of the week ending April 21, crude oil speculators increased their net long positions in West Texas Light Crude (WTI) by 5,332 contracts to 111,915 contracts, and the net short positions of natural gas speculators in the four major markets of the New York Mercantile Exchange and the Intercontinental Exchange increased by 9,557 contracts to 22,734 contracts.

Equity fund managers increased their net long positions in S & P 500 futures contracts by 9,443 contracts to 1,020,550 contracts in the week to April 21, while equity fund speculators reduced their net short positions by 12,644 contracts to 402,253 contracts.

In the week to April 21, net long positions in the euro were 41,324 contracts. Net short positions in the yen were 94,460 contracts, net short positions in the pound were -52,039 contracts, and net short positions in the Swiss franc were -33,273 contracts.

As of the week of April 21, speculators increased the net short position of CBOT US 2-year Treasury futures by 39547 lots to 1743353 lots, the net short position of US 5-year Treasury futures decreased by 92995 lots to 1532750 lots, the net short position of US 10-year Treasury futures decreased by 9394 lots to 790971 lots, and the net short position of ultra-long-term Treasury futures decreased by 536 lots to 300287 lots. The net short position of US Treasury futures on the Chicago Board of Trade (CBOT) increased by 9670 lots to 83786 lots.

In the week ended April 21, cotton speculators increased their net long position by 12,557 contracts to 67,579 contracts, cocoa speculators reduced their short position by 2,322 contracts to 33,157 contracts, and speculators increased their net short position in sugar by 11,335 contracts to 162,691 contracts, while the net long position in iced coffee decreased by 3,974 contracts to 14,024 contracts.