CFTC Gold COT Report Ledger — 2025-12-09

Weekly Positioning Metrics

Gold Close Price
$4206.70
Smart Money Net
123,548
Total Open Interest
432,569
OI 1W Delta
+14,079
GOLD-USD DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2025-12-09, COMEX Gold futures closed at $4206.70. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 123,548 contracts.

Week-over-Week Shift: Open Interest expanded by 14,079 contracts compared to the prior report (2025-12-02), while Gold's net Managed Money position increased by 3,224 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.