MetalsVisionPrecious Metals News Sentiment & Macro Analysis

by tas

CopperTopics

2515 topics

CFTC COT Positioning (Weekly)

Money-manager long/short/net positions and open interest trend.

Backwardation / Contango Check

Open futures spread on TradingView

Expression: COMEX:HG1! - COMEX:HG2! (above 0 = backwardation, below 0 = contango)

Source: CFTC Commitments of Traders (Legacy Futures Only)

COMEX Registered / Eligible Inventory Trend

Daily COMEX warehouse inventory trend (Registered = deliverable, Eligible = non-deliverable inventory).

Unit: million short tons

▲ FND proxy marker (business day before month start).

Next FND Proxy: 2026-03-31

OI / Registered Multiple (All-Month OI)

Computed as Open Interest × contract size ÷ Registered inventory.

COMEX Delivery Notices (Monthly)

Delivery quantity = contracts × contract size (e.g., silver: 5,000 oz/contract).

Source: CME Group Delivery Reports (Warehouse Stocks)

7-Day Sentiment Score Trend

Search Trends

Data source: Google Trends

| By Importance |
Negative ↓Direction / Strength Low / Confidence High
Date 2026-04-21 Sources 1
Investment FlowsTop CompaniesFinanceStatisticsCorporate
Discovery / Expansion (Direction , Strength +Medium, Confidence +Medium) / large copper depositDomain Adj. (Confidence +Medium) / Source domain: mining.com
Neutral →Direction / Strength Very Low / Confidence Medium
Date 2026-04-21 Sources 1
Top CompaniesRegulatory IssuesFinanceGeopoliticsStatistics
Domain Adj. (Confidence +Medium) / Source domain: mining.com
Positive ↑Direction / Strength Medium / Confidence High
Date 2026-04-20 Sources 1
Top CompaniesSupply & DemandGeopoliticsCorporateInvestment Flows
Mine Suspension (Direction ↑↑, Strength +Strong, Confidence +Medium) / mine closeTier-1 Media Adj. (Confidence +High) / ReutersDomain Adj. (Confidence +Medium) / Source domain: mining.com
Positive ↑Direction / Strength Medium / Confidence High
Date 2026-04-20 Sources 1
Battery MetalsInvestment FlowsSupply & DemandFinanceInventory
Critical Mineral Policy (Direction , Strength +Strong, Confidence +Medium) / critical mineralsTier-1 Media Adj. (Confidence +High) / ReutersDomain Adj. (Confidence +Medium) / Source domain: mining.com
Neutral →Direction / Strength Very Low / Confidence Medium
Date 2026-04-20 Sources 1
Top CompaniesRegulatory IssuesSupply & DemandFinanceInventory
Domain Adj. (Confidence +Medium) / Source domain: mining.com
Negative ↓Direction / Strength Low / Confidence Medium
Date 2026-04-20 Sources 1
Investment FlowsMarketsFinanceCorporateSupply & Demand
Discovery / Expansion (Direction , Strength +Medium, Confidence +Medium) / reopen an Idaho mineRumor / Speculation Penalty (Confidence -Very High) / people familiarDomain Adj. (Confidence +Medium) / Source domain: mining.com
Positive ↑Direction / Strength Low / Confidence High
Date 2026-04-20 Sources 1
Investment FlowsTop CompaniesRegulatory IssuesMarketsFinance
Price Spike (Direction , Strength +Medium, Confidence +Medium) / momentumDomain Adj. (Confidence +Medium) / Source domain: mining.com
Positive ↑Direction / Strength Medium / Confidence High
Date 2026-04-20 Sources 1
Battery MetalsInvestment FlowsSupply & DemandFinanceCritical Minerals
Critical Mineral Policy (Direction , Strength +Strong, Confidence +Medium) / critical mineralsDomain Adj. (Confidence +Medium) / Source domain: mining.com
Neutral →Direction / Strength Very Low / Confidence Medium
Date 2026-04-20 Sources 1
Top CompaniesGeopoliticsStatisticsTechnicalCorporate
Analyst Opinion Adj. (Confidence -Medium) / forecastDomain Adj. (Confidence +Medium) / Source domain: mining.com
Positive ↑Direction / Strength Strong / Confidence High
Date 2026-04-20 Sources 1
MarketsFinanceInventoryGeopoliticsTechnical
Inventory Draw (Direction ↑↑, Strength +Strong, Confidence +Medium) / inventories have declinPrice Crash (Direction , Strength +Medium, Confidence +Medium) / Copper fellDomain Adj. (Confidence +Medium) / Source domain: mining.com
Neutral →Direction / Strength Very Low / Confidence Medium
Date 2026-04-20 Sources 1
Investment FlowsCorporateTop Companies
Domain Adj. (Confidence +Medium) / Source domain: mining.com
Positive ↑Direction / Strength Strong / Confidence High
Date 2026-04-20 Sources 1
ExplorationGeopoliticsCritical MineralsCorporateIndustrial Demand
Price Spike (Direction , Strength +Medium, Confidence +Medium) / copper grades of upExploration / Investment (Direction , Strength +Medium) / exploration spendM&A / Partnership (Direction , Strength +Medium) / acquisitionTier-1 Media Adj. (Confidence +High) / ReutersDomain Adj. (Confidence +Medium) / Source domain: mining.com
Positive ↑↑Direction ↑↑ / Strength Medium / Confidence Medium
Date 2026-04-20 Sources 1
Suppliers & EquipmentMarketsFinanceInventoryGeopolitics
Inventory Draw (Direction ↑↑, Strength +Strong, Confidence +Medium) / stocks are so depletTier-1 Media Adj. (Confidence +High) / ReutersRumor / Speculation Penalty (Confidence -Very High) / sources saidDomain Adj. (Confidence +Medium) / Source domain: mining.com
Positive ↑↑Direction ↑↑ / Strength Very Strong / Confidence Very High
Date 2026-04-19 Sources 1
PolicyGeopoliticsFinanceInventoryStatistics
Export Ban / Restriction (Direction ↑↑, Strength +Very Strong, Confidence +Medium) / export banSanctions (Direction ↑↑, Strength +Strong) / China's export banInventory Build (Direction ↓↓, Strength +Strong, Confidence +Medium) / stocks as import prices surgePrice Spike (Direction , Strength +Medium, Confidence +Medium) / surgeTier-1 Media Adj. (Confidence +High) / ReutersDomain Adj. (Confidence +Medium) / Source domain: mining.com
Neutral →Direction / Strength Strong / Confidence High
Date 2026-04-18 Sources 1
MarketsCorporateSupply & DemandFinanceTechnical
Discovery / Expansion (Direction , Strength +Medium, Confidence +Medium) / capacity. The increasePrice Spike (Direction , Strength +Medium, Confidence +Medium) / hit recordDomain Adj. (Confidence +Medium) / Source domain: mining.com
Neutral →Direction / Strength Very Low / Confidence Medium
Date 2026-04-17 Sources 1
FinanceInventoryCorporateInvestment FlowsSupply & Demand
Domain Adj. (Confidence +Medium) / Source domain: mining.com
Neutral →Direction / Strength Very Low / Confidence Medium
Date 2026-04-17 Sources 1
FinanceInventoryCorporateMarketsGeopolitics
Domain Adj. (Confidence +Medium) / Source domain: mining.com
Positive ↑↑Direction ↑↑ / Strength Medium / Confidence Medium
Date 2026-04-17 Sources 1
StatisticsTop CompaniesCorporateInvestment FlowsMarkets
Sanctions (Direction ↑↑, Strength +Very Strong) / sanctionsDomain Adj. (Confidence +Medium) / Source domain: mining.com
Positive ↑↑Direction ↑↑ / Strength Very Strong / Confidence Very High
Date 2026-04-17 Sources 1
StatisticsInventoryPolicyCorporateCritical Minerals
Export Ban / Restriction (Direction ↑↑, Strength +Very Strong, Confidence +Medium) / Export-Import BanGov Stockpile Build (Direction ↑↑, Strength +Very Strong, Confidence +High) / Project VaultCritical Mineral Policy (Direction , Strength +Strong, Confidence +Medium) / critical mineralsTier-1 Media Adj. (Confidence +High) / BloombergDomain Adj. (Confidence +Medium) / Source domain: mining.com
Negative ↓Direction / Strength Low / Confidence High
Date 2026-04-17 Sources 1
StatisticsFinanceCorporateIndustrial DemandSupply & Demand
Discovery / Expansion (Direction , Strength +Medium, Confidence +Medium) / increase in copper outputTier-1 Media Adj. (Confidence +High) / BloombergDomain Adj. (Confidence +Medium) / Source domain: mining.com