CFTC Gold COT Report Ledger — 2024-10-01

Weekly Positioning Metrics

Gold Close Price

$2667.30

Smart Money Net

214,462

Total Open Interest

533,107

OI 1W Delta

-31,533

BEARISH DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-10-01, COMEX Gold futures closed at $2667.30. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 214,462 contracts.

Week-over-Week Shift: Open Interest contracted by 31,533 contracts compared to the prior report (2024-09-24), while Gold's net Managed Money position decreased by 4,567 contracts.

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