CFTC Gold COT Report Ledger — 2024-08-20

Weekly Positioning Metrics

Gold Close Price

$2511.30

Smart Money Net

193,305

Total Open Interest

532,867

OI 1W Delta

+26,995

WEAK BULLISH - UNCONFIRMED (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-08-20, COMEX Gold futures closed at $2511.30. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 193,305 contracts.

Week-over-Week Shift: Open Interest expanded by 26,995 contracts compared to the prior report (2024-08-13), while Gold's net Managed Money position increased by 15,390 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.