CFTC Gold COT Report Ledger — 2025-09-02

Weekly Positioning Metrics

Gold Close Price

$3549.40

Smart Money Net

161,502

Total Open Interest

492,908

OI 1W Delta

+49,148

GOLD-USD DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2025-09-02, COMEX Gold futures closed at $3549.40. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 161,502 contracts.

Week-over-Week Shift: Open Interest expanded by 49,148 contracts compared to the prior report (2025-08-26), while Gold's net Managed Money position increased by 19,585 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.