Weekly CFTC positioning
COMEX gold managed-money positioning
Latest and historical managed-money long, short, net, weekly change, open interest, and percentile context from the CFTC.
What changed
The dashboard requests the official CFTC public-reporting API and falls back to a dated official snapshot if the feed is unavailable. Net positioning is calculated as managed-money longs minus managed-money shorts.
Why it matters
Large net longs can confirm momentum but also indicate liquidation risk. Rising shorts can reflect directional conviction, hedging, or relative-value activity; category totals do not disclose intent.
- Read the report date before the release date.
- Compare net positions with open interest.
- Use percentiles across a stated window rather than record claims without a baseline.
Historical context
The disaggregated report separates producers, swap dealers, managed money, and other reportables. Gold’s standard COMEX contract represents 100 troy ounces, so contract counts are not dollar exposure without a price assumption.
What could change the conclusion
Options, OTC positions, non-reportable traders, and positions on other exchanges can offset COMEX futures exposure. COT should be one input, not a proxy for every investor.
Reproducible by design
Methodology and limitations
- Contract code 088691; Disaggregated Futures Only report.
- Net = managed-money long contracts − managed-money short contracts.
- Weekly change compares adjacent report dates; percentile uses available observations in the displayed lookback.
Educational information only. GoldKnows does not provide individualized investment, tax, legal, appraisal, custody, or trading advice.
Evidence ledger