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FIG 01 — METALS · GC

Gold Positioning

Managed Money net

124,831

WoW change

+4,052

Open interest

383,368

3Y index

62

52w: 48

FIG 02 — NET POSITIONING · 3 YEARS · SHADED = 52W SPEC RANGE

Managed MoneyProducers & Merchants
+0k-82.1k+219k2023-04-252026-07-21

FIG 03 — WEEK-OVER-WEEK CHANGE · MANAGED MONEY · 26 WEEKS

02026-01-272026-07-21

FIG 04 — READ

What this week's report says

Managed money added 4,582 long contracts and added 530 short contracts in Gold this week — a net bullish shift of +4,052 contracts. They remain net long overall.

Managed money and producers & merchants moved in opposite directions this week — speculative and institutional flows disagree on Gold.

Open interest fell while positioning shifted — traders are closing exposure rather than adding, which weakens the signal.

Data as of Tue 2026-07-21 · source CFTC Disaggregated report · next update 2026-07-31