CFTC Gold COT Report Ledger — 2025-12-16

Weekly Positioning Metrics

Gold Close Price

$4304.50

Smart Money Net

132,596

Total Open Interest

471,093

OI 1W Delta

+38,524

GOLD-USD DIVERGENCE (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2025-12-16, COMEX Gold futures closed at $4304.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 132,596 contracts.

Week-over-Week Shift: Open Interest expanded by 38,524 contracts compared to the prior report (2025-12-09), while Gold's net Managed Money position increased by 9,048 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.