CFTC Gold COT Report Ledger — 2025-09-16

Weekly Positioning Metrics

Gold Close Price

$3688.90

Smart Money Net

158,971

Total Open Interest

516,221

OI 1W Delta

+6,596

BEARISH DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2025-09-16, COMEX Gold futures closed at $3688.90. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 158,971 contracts.

Week-over-Week Shift: Open Interest expanded by 6,596 contracts compared to the prior report (2025-09-09), while Gold's net Managed Money position decreased by 4,548 contracts.

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