PLATINUM COT report

PLATINUM - NEW YORK MERCANTILE EXCHANGE positioning from the CFTC Legacy report. Net positions equal long contracts minus short contracts. Commercial, non-commercial and non-reportable classifications describe participants; they are not buy or sell signals.

Positions as of 2026-10-27. Open interest: 83229 contracts. This is the latest stored observation, not live trading data.

How are traders positioned?

CategoryLongShortNet contracts
Non-commercial27377180839294
Commercial2537337255-11882
Non-reportable642438362588

Non-commercial percentile: 5 across 103 stored observations. This is the share of sampled net positions at or below the latest value, not a price forecast.

2024-11-122026-10-27
Range: -794 to 26979 net contracts; chart covers stored observations only.
Position history in contracts
Observation dateNon-commercial net
2026-10-279294
2026-10-2013162
2026-10-1312973
2026-10-0613968
2026-09-2913489
2026-09-2215366
2026-09-1515220
2026-09-0815976
2026-09-0115000
2026-08-2515386
2026-08-1813039
2026-08-1113540
2026-08-0414761
2026-07-2811635
2026-07-2112484
2026-07-1413748
2026-07-0713872
2026-06-3015001
2026-06-2315095
2026-06-1614608
2026-06-0915012
2026-06-0217212
2026-05-2617658
2026-05-1917908
2026-05-1220712
2026-05-0517785
2026-04-2818550
2026-04-2120536
2026-04-1420603
2026-04-0718038
2026-03-3116337
2026-03-2416198
2026-03-1716898
2026-03-1014690
2026-03-0313832
2026-02-2413240
2026-02-1712347
2026-02-1012084
2026-02-0313106
2026-01-2713922
2026-01-2015124
2026-01-1317594
2026-01-0618110
2025-12-3018042
2025-12-2319343
2025-12-1623293
2025-12-0919890
2025-12-0215980
2025-11-2515979
2025-11-1816573
2025-11-1018885
2025-11-0418694
2025-10-2819550
2025-10-2116874
2025-10-1418953
2025-10-0718341
2025-09-3021765
2025-09-2322042
2025-09-1615203
2025-09-0914356
2025-09-0216998
2025-08-2615786
2025-08-1915050
2025-08-1217788
2025-08-0516662
2025-07-2920568
2025-07-2220675
2025-07-1519302
2025-07-0820774
2025-07-0122642
2025-06-2425212
2025-06-1723227
2025-06-1026979
2025-06-0320049
2025-05-2725343
2025-05-2017396
2025-05-139316
2025-05-069510
2025-04-299962
2025-04-225677
2025-04-156034
2025-04-08-794
2025-04-0114975
2025-03-2513558
2025-03-1820507
2025-03-1115748
2025-03-0413852
2025-02-2516176
2025-02-1823537
2025-02-1125730
2025-02-0418975
2025-01-2813373
2025-01-2114608
2025-01-1415560
2025-01-0717847
2024-12-315656
2024-12-2415648
2024-12-1713744
2024-12-1014829
2024-12-0320486
2024-11-2618660
2024-11-1922676
2024-11-1220233

Historical AI commentary — 2026-07-07

This commentary is dated separately from the positioning table. It may describe an earlier market environment.

Platinum's COT data shows Managed Money at an extreme 100th percentile long and hedgers at a 0th percentile short, but the 12-week trend is flat, indicating this extreme positioning was built quickly and is now static. The price is near the middle of its 52-week range and has fallen nearly 40% over the past six months. While historical patterns suggest a potential for strong rallies following s...

How should this COT report be used?

Use positioning to understand exposure and crowded trades alongside price, liquidity and risk controls. Weekly reports generally describe Tuesday positions released on Friday, subject to the CFTC schedule. Classifications differ in TFF and Disaggregated reports. Compare like-for-like formats and dates.

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