CFTC Gold COT Report Ledger — 2025-01-28

Weekly Positioning Metrics

Gold Close Price

$2766.80

Smart Money Net

210,540

Total Open Interest

577,505

OI 1W Delta

+6,118

WEAK BEARISH - UNCONFIRMED (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2025-01-28, COMEX Gold futures closed at $2766.80. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 210,540 contracts.

Week-over-Week Shift: Open Interest expanded by 6,118 contracts compared to the prior report (2025-01-21), while Gold's net Managed Money position decreased by 5,329 contracts.

Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI EXPANDING) signal. Gold Smart Money flow showed bearish distribution.