CFTC Gold COT Report Ledger — 2024-12-03

Weekly Positioning Metrics

Gold Close Price

$2644.70

Smart Money Net

180,735

Total Open Interest

462,040

OI 1W Delta

-10,620

WEAK BULLISH - UNCONFIRMED (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2024-12-03, COMEX Gold futures closed at $2644.70. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 180,735 contracts.

Week-over-Week Shift: Open Interest contracted by 10,620 contracts compared to the prior report (2024-11-26), while Gold's net Managed Money position increased by 1,445 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.