CFTC Gold COT Report Ledger — 2025-01-14

Weekly Positioning Metrics

Gold Close Price

$2677.50

Smart Money Net

195,622

Total Open Interest

526,467

OI 1W Delta

+49,424

GOLD-USD DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2025-01-14, COMEX Gold futures closed at $2677.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 195,622 contracts.

Week-over-Week Shift: Open Interest expanded by 49,424 contracts compared to the prior report (2025-01-07), while Gold's net Managed Money position increased by 17,981 contracts.

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