CFTC Gold COT Report Ledger — 2025-06-03

Weekly Positioning Metrics

Gold Close Price

$3350.20

Smart Money Net

123,582

Total Open Interest

415,941

OI 1W Delta

-21,597

GOLD-USD DIVERGENCE (OI CONTRACTING)

Analysis & Institutional Flow

For the CFTC report week ending 2025-06-03, COMEX Gold futures closed at $3350.20. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 123,582 contracts.

Week-over-Week Shift: Open Interest contracted by 21,597 contracts compared to the prior report (2025-05-27), while Gold's net Managed Money position increased by 12,766 contracts.

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