CFTC Gold COT Report Ledger — 2025-02-25

Weekly Positioning Metrics

Gold Close Price

$2904.50

Smart Money Net

179,812

Total Open Interest

512,179

OI 1W Delta

-10,151

BEARISH DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2025-02-25, COMEX Gold futures closed at $2904.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 179,812 contracts.

Week-over-Week Shift: Open Interest contracted by 10,151 contracts compared to the prior report (2025-02-18), while Gold's net Managed Money position decreased by 5,517 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.