CFTC Gold COT Report Ledger — 2026-01-20

Weekly Positioning Metrics

Gold Close Price

$4759.60

Smart Money Net

137,444

Total Open Interest

528,004

OI 1W Delta

+549

STRONG BULLISH CONFIRMATION (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2026-01-20, COMEX Gold futures closed at $4759.60. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 137,444 contracts.

Week-over-Week Shift: Open Interest expanded by 549 contracts compared to the prior report (2026-01-13), while Gold's net Managed Money position increased by 2,699 contracts.

Macro Signal Insight: The quantitative engine registered a STRONG BULLISH CONFIRMATION (OI FLAT) signal. Gold Smart Money flow was bullish, aligned with institutional buying interest.