CFTC Gold COT Report Ledger — 2025-02-04

Weekly Positioning Metrics

Gold Close Price

$2853.30

Smart Money Net

209,533

Total Open Interest

542,004

OI 1W Delta

-35,501

WEAK BEARISH - UNCONFIRMED (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2025-02-04, COMEX Gold futures closed at $2853.30. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 209,533 contracts.

Week-over-Week Shift: Open Interest contracted by 35,501 contracts compared to the prior report (2025-01-28), while Gold's net Managed Money position decreased by 1,007 contracts.

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