CFTC Gold COT Report Ledger — 2024-07-09

Weekly Positioning Metrics

Gold Close Price

$2360.10

Smart Money Net

157,467

Total Open Interest

516,324

OI 1W Delta

+61,594

WEAK BULLISH - UNCONFIRMED (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-07-09, COMEX Gold futures closed at $2360.10. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 157,467 contracts.

Week-over-Week Shift: Open Interest expanded by 61,594 contracts compared to the prior report (2024-07-02), while Gold's net Managed Money position increased by 6,652 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.