CFTC Gold COT Report Ledger — 2026-04-28

Weekly Positioning Metrics

Gold Close Price

$4591.50

Smart Money Net

89,752

Total Open Interest

369,530

OI 1W Delta

+3,688

WEAK BEARISH - UNCONFIRMED (OI FLAT)

Analysis & Institutional Flow

For the CFTC report week ending 2026-04-28, COMEX Gold futures closed at $4591.50. The CFTC Commitment of Traders (COT) report revealed that Managed Money (Smart Money) held a net long position of 89,752 contracts.

Week-over-Week Shift: Open Interest expanded by 3,688 contracts compared to the prior report (2026-04-21), while Gold's net Managed Money position decreased by 3,224 contracts.

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