
2026-09-05 21:30|COT金银净多回落,SLV增70万份
CFTC 9月1日金银管理基金净多均回落,SLV 9月4日流通份额日增70万股;COMEX分级库存与上金所周频出入库仍未取得窗口内数值。
{
"schema_version": 1,
"window": {
"label": "上一次运行以来",
"timezone": "Asia/Shanghai",
"start_local": "2026-09-05 20:30:00+08:00",
"end_local": "2026-09-05 21:30:00+08:00"
},
"events": [
{
"event_id": "CFTC-COMEX-20260901-gold-positioning",
"event_type": "CFTC_positioning",
"title": "CFTC 黄金管理基金净多降 7976 手",
"event_time_utc": null,
"event_time_quality": "day_only",
"published_at_utc": "2026-09-04T19:30:00Z",
"asset_keys": ["AU"],
"direction_score": {"AU": -1},
"confidence": 99,
"horizon": "weeks",
"raw_facts": {
"source_publisher": "U.S. Commodity Futures Trading Commission",
"report_type": "Disaggregated Commitments of Traders-All Futures Combined Positions",
"report_date": "2026-09-01",
"market": "GOLD - COMMODITY EXCHANGE INC.",
"contract_unit": "100 troy ounces",
"open_interest_contracts": 415196,
"managed_money_long_contracts_actual": 149721,
"managed_money_short_contracts_actual": 12950,
"managed_money_spreading_contracts_actual": 27264,
"managed_money_long_change_from_2026-08-25_contracts": -10098,
"managed_money_short_change_from_2026-08-25_contracts": -2122,
"managed_money_spreading_change_from_2026-08-25_contracts": 11013,
"managed_money_net_outright_long_contracts_actual": 136771,
"managed_money_net_outright_long_contracts_prior": 144747,
"managed_money_net_outright_long_change_contracts": -7976,
"publication_basis": "CFTC 页面标注报告更新日期为 2026-09-04;官方说明 COT 通常于每周五 15:30 美东时间发布,报告数据截至当周周二。"
},
"transmission_chain": "黄金管理基金净多由 144747 手降至 136771 手→投机多头持仓支持减弱→AU 期货的持仓驱动获得偏空输入",
"invalidation_conditions": "CFTC 后续修订或发布新的黄金持仓报告,改变报告日期对应的管理基金多空数值时,以最新官方记录覆盖本事件",
"source_urls": [
"[https://www.[cftc.gov/dea/futures/other_sf.htm](https://www.cftc.gov/dea/futures/other_sf.htm)](https://cftc.gov/dea/futures/other_sf.htm](https://www.cftc.gov/dea/futures/other_sf.htm))",
"[https://www.[cftc.gov/MarketReports/CommitmentsofTraders/index.htm](https://www.cftc.gov/MarketReports/CommitmentsofTraders/index.htm)](https://cftc.gov/MarketReports/CommitmentsofTraders/index.htm](https://www.cftc.gov/MarketReports/CommitmentsofTraders/index.htm))"
],
"source_tier": "A"
},
{
"event_id": "CFTC-COMEX-20260901-silver-positioning",
"event_type": "CFTC_positioning",
"title": "CFTC 白银管理基金净多降 1475 手",
"event_time_utc": null,
"event_time_quality": "day_only",
"published_at_utc": "2026-09-04T19:30:00Z",
"asset_keys": ["AG"],
"direction_score": {"AG": -1},
"confidence": 99,
"horizon": "weeks",
"raw_facts": {
"source_publisher": "U.S. Commodity Futures Trading Commission",
"report_type": "Disaggregated Commitments of Traders-All Futures Combined Positions",
"report_date": "2026-09-01",
"market": "SILVER - COMMODITY EXCHANGE INC.",
"contract_unit": "5000 troy ounces",
"open_interest_contracts": 104362,
"managed_money_long_contracts_actual": 19156,
"managed_money_short_contracts_actual": 6558,
"managed_money_spreading_contracts_actual": 6609,
"managed_money_long_change_from_2026-08-25_contracts": -2265,
"managed_money_short_change_from_2026-08-25_contracts": -790,
"managed_money_spreading_change_from_2026-08-25_contracts": -497,
"managed_money_net_outright_long_contracts_actual": 12598,
"managed_money_net_outright_long_contracts_prior": 14073,
"managed_money_net_outright_long_change_contracts": -1475,
"publication_basis": "CFTC 页面标注报告更新日期为 2026-09-04;官方说明 COT 通常于每周五 15:30 美东时间发布,报告数据截至当周周二。"
},
"transmission_chain": "白银管理基金净多由 14073 手降至 12598 手→投机多头持仓支持减弱→AG 期货的持仓驱动获得偏空输入",
"invalidation_conditions": "CFTC 后续修订或发布新的白银持仓报告,改变报告日期对应的管理基金多空数值时,以最新官方记录覆盖本事件",
"source_urls": [
"[https://www.[cftc.gov/dea/futures/other_sf.htm](https://www.cftc.gov/dea/futures/other_sf.htm)](https://cftc.gov/dea/futures/other_sf.htm](https://www.cftc.gov/dea/futures/other_sf.htm))",
"[https://www.[cftc.gov/MarketReports/CommitmentsofTraders/index.htm](https://www.cftc.gov/MarketReports/CommitmentsofTraders/index.htm)](https://cftc.gov/MarketReports/CommitmentsofTraders/index.htm](https://www.cftc.gov/MarketReports/CommitmentsofTraders/index.htm))"
],
"source_tier": "A"
},
{
"event_id": "iShares-AG-20260904-shares-outstanding-daily-change",
"event_type": "etf_flow",
"title": "SLV 流通份额日增 70 万股至 5.4585 亿",
"event_time_utc": null,
"event_time_quality": "day_only",
"published_at_utc": "2026-09-04T00:00:00Z",
"asset_keys": ["AG"],
"direction_score": {"AG": 1},
"confidence": 99,
"horizon": "days",
"raw_facts": {
"source_publisher": "BlackRock iShares",
"fund": "iShares Silver Trust",
"source_as_of_date": "Sep 04, 2026",
"shares_outstanding_actual": 545850000,
"shares_outstanding_prior_date": "Sep 03, 2026",
"shares_outstanding_prior": 545150000,
"shares_outstanding_change": 700000,
"shares_outstanding_change_pct_of_prior": 0.1284,
"ounces_in_trust_current_snapshot": 493171939.40,
"flow_measure": "Shares Outstanding 日变动;不将 NAV 或 Ounces in Trust 快照变化改写为流量",
"source_timestamp_precision": "As Of 日期,无独立精确发布时间"
},
"transmission_chain": "SLV 流通份额由 545150000 股增至 545850000 股→基金份额供给与潜在白银申购需求增加→AG 获得日度资金流偏多输入",
"invalidation_conditions": "BlackRock/iShares 修订 9 月 4 日份额记录,或后续披露表明该份额变动并非新增基金份额时,以最新官方记录覆盖本事件",
"source_urls": [
"[https://www.[ishares.com/us/products/239855/ishares-silver-trust-fund](https://www.ishares.com/us/products/239855/ishares-silver-trust-fund)](https://ishares.com/us/products/239855/ishares-silver-trust-fund](https://www.ishares.com/us/products/239855/ishares-silver-trust-fund))",
"[https://www.[blackrock.com/varnish-api/blk-one01-product-data/product-data/api/v1/get-fund-document?appType=PRODUCT_PAGE&appSubType=ISHARES&targetSite=us-ishares&locale=en_US&portfolioId=239855&component=fundDownload&userType=individual](https://www.blackrock.com/varnish-api/blk-one01-product-data/product-data/api/v1/get-fund-document?appType=PRODUCT_PAGE&appSubType=ISHARES&targetSite=us-ishares&locale=en_US&portfolioId=239855&component=fundDownload&userType=individual)](https://blackrock.com/varnish-api/blk-one01-product-data/product-data/api/v1/get-fund-document?appType=PRODUCT_PAGE&appSubType=ISHARES&targetSite=us-ishares&locale=en_US&portfolioId=239855&component=fundDownload&userType=individual](https://www.blackrock.com/varnish-api/blk-one01-product-data/product-data/api/v1/get-fund-document?appType=PRODUCT_PAGE&appSubType=ISHARES&targetSite=us-ishares&locale=en_US&portfolioId=239855&component=fundDownload&userType=individual))"
],
"source_tier": "A"
}
],
"coverage_gaps": [
{
"gap_id": "COMEX-registered-eligible",
"requirement": "硬性覆盖:COMEX 金银库存分级变动",
"status": "unverified_in_window",
"summary": "本轮复查 CME Registrar Reports 页面与 Gold Stocks、Silver Stocks 下载入口,页面只显示下载入口,未取得报告日期及 registered、eligible 数值,未以入口壳或搜索摘要替代库存事实。",
"attempted_routes": [
"[https://www.[cmegroup.com/clearing/operations-and-deliveries/registrar-reports.html](https://www.cmegroup.com/clearing/operations-and-deliveries/registrar-reports.html)](https://cmegroup.com/clearing/operations-and-deliveries/registrar-reports.html](https://www.cmegroup.com/clearing/operations-and-deliveries/registrar-reports.html))",
"[https://www.[cmegroup.com/delivery_reports/Gold_Stocks.xls](https://www.cmegroup.com/delivery_reports/Gold_Stocks.xls)](https://cmegroup.com/delivery_reports/Gold_Stocks.xls](https://www.cmegroup.com/delivery_reports/Gold_Stocks.xls))",
"[https://www.[cmegroup.com/delivery_reports/Silver_stocks.xls](https://www.cmegroup.com/delivery_reports/Silver_stocks.xls)](https://cmegroup.com/delivery_reports/Silver_stocks.xls](https://www.cmegroup.com/delivery_reports/Silver_stocks.xls))"
]
},
{
"gap_id": "SGE-weekly-inventory-flow",
"requirement": "硬性覆盖:SGE 出入库(周频)",
"status": "unverified_in_window",
"summary": "本轮检查上金所 H5 周报入口,最新仍为 2026 年第 33 期,发布日期为 2026-08-31、覆盖 2026-08-24 至 2026-08-28,未取得覆盖本窗口的新周频出入库数字。",
"attempted_routes": [
"https://www.sge.com.cn/h5_sjzx/hqzb"
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}
]
}
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