CFTC Gold COT Report Ledger — 2023-10-31

Weekly Positioning Metrics

Gold Close Price

$1985.20

Smart Money Net

74,840

Total Open Interest

475,808

OI 1W Delta

+12,332

WEAK BULLISH - UNCONFIRMED (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2023-10-31, COMEX Gold futures closed at $1985.20. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 74,840 contracts.

Week-over-Week Shift: Open Interest expanded by 12,332 contracts compared to the prior report (2023-10-24), while Gold's net Managed Money position increased by 19,092 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.