CFTC Gold COT Report Ledger — 2024-06-04

Weekly Positioning Metrics

Gold Close Price

$2325.50

Smart Money Net

152,299

Total Open Interest

447,488

OI 1W Delta

-37,942

WEAK BULLISH - UNCONFIRMED (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-06-04, COMEX Gold futures closed at $2325.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 152,299 contracts.

Week-over-Week Shift: Open Interest contracted by 37,942 contracts compared to the prior report (2024-05-28), while Gold's net Managed Money position increased by 3,471 contracts.

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