CFTC Gold COT Report Ledger — 2024-03-05

Weekly Positioning Metrics

Gold Close Price

$2133.50

Smart Money Net

109,763

Total Open Interest

471,616

OI 1W Delta

+60,421

GOLD-USD DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-03-05, COMEX Gold futures closed at $2133.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 109,763 contracts.

Week-over-Week Shift: Open Interest expanded by 60,421 contracts compared to the prior report (2024-02-27), while Gold's net Managed Money position increased by 53,610 contracts.

Macro Signal Insight: The quantitative engine registered a GOLD-USD DIVERGENCE (OI EXPANDING) signal. Gold Smart Money flow diverged from USD Index speculator flow, indicating macroeconomic stress.