CFTC Gold COT Report Ledger — 2024-10-08

Weekly Positioning Metrics

Gold Close Price

$2615.00

Smart Money Net

194,059

Total Open Interest

520,316

OI 1W Delta

-12,791

BEARISH DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-10-08, COMEX Gold futures closed at $2615.00. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 194,059 contracts.

Week-over-Week Shift: Open Interest contracted by 12,791 contracts compared to the prior report (2024-10-01), while Gold's net Managed Money position decreased by 20,403 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.