Precious metals speculators modestly reduced their net long positions in Silver futures markets during the week following recent price depreciation, as indicated by the latest Commitment of Traders (COT) report from the Commodity Futures Trading Commission (CFTC). Non-commercial traders, encompassing hedge funds, large speculators, and retailers, held a net position of 19703 contracts in Silver futures contracts in the data reported through October 27, 2026. This represented a weekly decrease of 92 net contracts, maintaining net longs at a one-month trough.