CFTC Gold COT Report Ledger — 2026-01-06

Weekly Positioning Metrics

Gold Close Price

$4482.20

Smart Money Net

123,213

Total Open Interest

488,116

OI 1W Delta

+6,250

WEAK BEARISH - UNCONFIRMED (OI EXPANDING)

Analysis & Institutional Flow

For the CFTC report week ending 2026-01-06, COMEX Gold futures closed at $4482.20. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 123,213 contracts.

Week-over-Week Shift: Open Interest expanded by 6,250 contracts compared to the prior report (2025-12-30), while Gold's net Managed Money position decreased by 2,827 contracts.

Macro Signal Insight: The quantitative engine registered a WEAK BEARISH - UNCONFIRMED (OI EXPANDING) signal. Gold Smart Money flow showed bearish distribution.