CFTC Gold COT Report Ledger — 2023-10-24

Weekly Positioning Metrics

Gold Close Price

$1975.00

Smart Money Net

55,748

Total Open Interest

463,476

OI 1W Delta

+23,895

WEAK BULLISH - UNCONFIRMED (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-10-24, COMEX Gold futures closed at $1975.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 55,748 contracts.

Week-over-Week Shift: Open Interest expanded by 23,895 contracts compared to the prior report (2023-10-17), while Gold's net Managed Money position increased by 40,645 contracts.

Macro Signal Insight: The quantitative engine registered a WEAK BULLISH - UNCONFIRMED (OI EXPANDING) signal. Gold Smart Money flow was bullish, aligned with institutional buying interest.