Gold COT Report
Positions in COMEX gold futures (100 troy oz) as of Tuesday Oct 13, 2026, released by the CFTC on Friday Oct 16, 2026. Next report: positions as of Oct 20, 2026, scheduled for release on Friday Oct 23, 2026 at 3:30 p.m. ET.
CFTC Commitments of Traders report as of Oct 13, 2026
What changed this week
In the week to Tuesday Oct 13, 2026, large speculators (non-commercial traders) in gold futures cut their net long by 2,456 contracts to 207,879, the 5th straight week their net position fell. Their 3-year COT index stands at 47, on a scale where 0 is the lowest net position of the past 3 years (+112,738 on Oct 17, 2023) and 100 the highest (+315,390 on Sep 24, 2024). In the Disaggregated report, managed money traders were net long 107,089 contracts, a weekly change of -3,898. Commercial hedgers were net short 242,531, a weekly change of +1,996. Open interest rose by 236 to 396,345 contracts.
Positions by trader group
Contracts · Oct 13, 2026| Trader group | Report | Long | Short | Net | Net, w/w | Net % OI | 3-yr COT index |
|---|---|---|---|---|---|---|---|
| Large speculators (non-commercial) | Legacy | 245,300 | 37,421 | +207,879 | -2,456 | +52.4% | 47 |
| Commercials (hedgers) | Legacy | 54,419 | 296,950 | -242,531 | +1,996 | -61.2% | 46 |
| Small traders (non-reportable) | Legacy | 50,731 | 16,079 | +34,652 | +460 | +8.7% | 67 |
| Managed money | Disaggregated | 124,747 | 17,658 | +107,089 | -3,898 | +27.0% | 45 |
| Producers, merchants, processors & users | Disaggregated | 18,386 | 36,823 | -18,437 | +1,064 | -4.7% | 87 |
| Swap dealers | Disaggregated | 13,976 | 238,070 | -224,094 | +932 | -56.5% | 24 |
| Other reportables | Disaggregated | 120,553 | 19,763 | +100,790 | +1,442 | +25.4% | 75 |
- Large speculators (non-commercial): Reportable traders that do not qualify as commercial hedgers for this commodity.
- Commercials (hedgers): Reportable traders whose futures positions in this commodity are hedges as defined in CFTC Regulation 1.3.
- Small traders (non-reportable): Open interest left after subtracting all reportable positions; positions below the CFTC reporting levels.
- Managed money: Registered commodity trading advisors and pool operators, and unregistered funds the CFTC identifies.
- Producers, merchants, processors & users: Firms that produce, process, pack or handle the physical commodity and hedge that business.
- Swap dealers: Firms that deal primarily in swaps on the commodity and hedge those swaps in futures.
- Other reportables: Reportable traders that fit none of the three categories above.
Large speculators' net position, last 5 years
Contracts, weeklyCOT index by lookback (large speculators)
| Lookback | COT index | Percentile | Range low | Range high |
|---|---|---|---|---|
| 26 weeks | 60 | 65% | +154,260 May 26, 2026 | +243,334 Aug 25, 2026 |
| 52 weeks | 55 | 65% | +154,260 May 26, 2026 | +251,238 Jan 13, 2026 |
| 3 years | 47 | 51% | +112,738 Oct 17, 2023 | +315,390 Sep 24, 2024 |
| All history (since 2006) | 63 | 73% | -38,175 Oct 9, 2018 | +353,649 Feb 18, 2020 |
0 = lowest net position of the lookback, 100 = highest. Percentile = share of weeks in the lookback with a net position at or below this week's.
Positioning extremes
| Window | Highest net | Lowest net |
|---|---|---|
| Past 52 weeks | +251,238 Jan 13, 2026 | +154,260 May 26, 2026 |
| Past 3 years | +315,390 Sep 24, 2024 | +112,738 Oct 17, 2023 |
| Past 5 years | +315,390 Sep 24, 2024 | +52,081 Sep 27, 2022 |
| Since Jan 3, 2006 | +353,649 Feb 18, 2020 | -38,175 Oct 9, 2018 |
| Window | Highest net | Lowest net |
|---|---|---|
| Past 52 weeks | +144,747 Aug 25, 2026 | +89,752 Apr 28, 2026 |
| Past 3 years | +219,029 Sep 24, 2024 | +15,103 Oct 17, 2023 |
| Past 5 years | +219,029 Sep 24, 2024 | -43,094 Sep 27, 2022 |
| Since Jun 13, 2006 | +273,076 Jul 5, 2016 | -109,454 Oct 9, 2018 |
Weekly history, last 3 years
Download full history (CSV)| Report date | Large specs net | w/w | Managed money net | Commercials net | Open interest | 3-yr index |
|---|---|---|---|---|---|---|
| 2026-10-13 | +207,879 | -2,456 | +107,089 | -242,531 | 396,345 | 47 |
| 2026-10-06 | +210,335 | -8,297 | +110,987 | -244,527 | 396,109 | 57 |
| 2026-09-29 | +218,632 | -7,221 | +120,318 | -250,967 | 406,456 | 60 |
| 2026-09-22 | +225,853 | -4,485 | +127,389 | -262,903 | 412,800 | 63 |
| 2026-09-15 | +230,338 | -1,622 | +133,116 | -261,721 | 409,899 | 65 |
| 2026-09-08 | +231,960 | +3,836 | +134,972 | -270,274 | 411,227 | 66 |
| 2026-09-01 | +228,124 | -15,210 | +136,771 | -264,718 | 415,196 | 64 |
| 2026-08-25 | +243,334 | +21,145 | +144,747 | -279,585 | 427,957 | 70 |
| 2026-08-18 | +222,189 | +4,249 | +141,648 | -258,418 | 406,260 | 62 |
| 2026-08-11 | +217,940 | +20,306 | +137,662 | -252,640 | 400,309 | 60 |
| 2026-08-04 | +197,634 | +15,564 | +130,766 | -226,491 | 371,551 | 52 |
| 2026-07-28 | +182,070 | -1,840 | +119,795 | -212,309 | 384,603 | 45 |
| 2026-07-21 | +183,910 | -2,772 | +124,831 | -213,199 | 383,368 | 46 |
| 2026-07-14 | +186,682 | -7,564 | +120,779 | -214,788 | 383,689 | 47 |
| 2026-07-07 | +194,246 | +227 | +116,161 | -222,282 | 371,776 | 50 |
| 2026-06-30 | +194,019 | +12,680 | +120,091 | -221,070 | 369,541 | 50 |
| 2026-06-23 | +181,339 | +1,119 | +115,395 | -205,404 | 352,167 | 45 |
| 2026-06-16 | +180,220 | +6,383 | +113,721 | -207,563 | 339,330 | 45 |
| 2026-06-09 | +173,837 | -2,183 | +105,863 | -201,036 | 332,709 | 42 |
| 2026-06-02 | +176,020 | +21,760 | +112,179 | -206,345 | 326,052 | 43 |
| 2026-05-26 | +154,260 | -5,573 | +97,446 | -185,766 | 353,489 | 34 |
| 2026-05-19 | +159,833 | -11,789 | +93,540 | -191,629 | 379,325 | 36 |
| 2026-05-12 | +171,622 | +8,319 | +98,015 | -210,258 | 376,496 | 41 |
| 2026-05-05 | +163,303 | +3,732 | +94,254 | -198,935 | 367,932 | 38 |
| 2026-04-28 | +159,571 | -4,435 | +89,752 | -194,813 | 369,530 | 36 |
| 2026-04-21 | +164,006 | +1,480 | +92,976 | -202,940 | 365,842 | 38 |
| 2026-04-14 | +162,526 | +6,221 | +95,141 | -201,082 | 362,274 | 37 |
| 2026-04-07 | +156,305 | -6,897 | +90,032 | -193,751 | 354,877 | 35 |
| 2026-03-31 | +163,202 | -5,125 | +92,814 | -201,640 | 361,409 | 38 |
| 2026-03-24 | +168,327 | +8,458 | +91,621 | -203,828 | 403,925 | 40 |
| 2026-03-17 | +159,869 | -3,263 | +102,043 | -198,648 | 411,388 | 36 |
| 2026-03-10 | +163,132 | +2,987 | +98,399 | -202,976 | 413,956 | 38 |
| 2026-03-03 | +160,145 | +968 | +97,917 | -200,583 | 409,789 | 36 |
| 2026-02-24 | +159,177 | -738 | +95,974 | -200,806 | 420,182 | 36 |
| 2026-02-17 | +159,915 | -97 | +95,893 | -196,782 | 407,078 | 36 |
| 2026-02-10 | +160,012 | -5,592 | +92,022 | -197,738 | 404,391 | 36 |
| 2026-02-03 | +165,604 | -39,792 | +92,072 | -207,778 | 409,694 | 39 |
| 2026-01-27 | +205,396 | -39,374 | +118,159 | -248,285 | 488,463 | 55 |
| 2026-01-20 | +244,770 | -6,468 | +137,444 | -289,689 | 528,004 | 71 |
| 2026-01-13 | +251,238 | +23,606 | +134,745 | -297,106 | 527,455 | 74 |
| 2026-01-06 | +227,632 | -3,541 | +123,213 | -272,035 | 488,116 | 64 |
| 2025-12-30 | +231,173 | -9,527 | +126,040 | -275,246 | 481,866 | 65 |
| 2025-12-23 | +240,700 | +6,722 | +136,270 | -283,526 | 492,103 | 69 |
| 2025-12-16 | +233,978 | +10,092 | +132,596 | -274,358 | 471,093 | 67 |
| 2025-12-09 | +223,886 | +6,326 | +123,548 | -262,579 | 432,569 | 62 |
| 2025-12-02 | +217,560 | +12,972 | +120,324 | -255,348 | 418,490 | 60 |
| 2025-11-25 | +204,588 | -5,751 | +109,309 | -241,403 | 432,946 | 55 |
| 2025-11-18 | +210,339 | +3,270 | +98,205 | -245,585 | 471,953 | 57 |
| 2025-11-10 | +207,069 | +4,762 | +104,087 | -244,823 | 459,997 | 56 |
| 2025-11-04 | +202,307 | -2,357 | +100,545 | -236,542 | 450,399 | 54 |
| 2025-10-28 | +204,664 | +28,055 | +104,159 | -237,027 | 457,122 | 56 |
| 2025-10-21 | +176,609 | -27,307 | +92,227 | -210,117 | 472,421 | 45 |
| 2025-10-14 | +203,916 | -28,040 | +108,310 | -236,867 | 485,788 | 56 |
| 2025-10-07 | +231,956 | -20,952 | +129,759 | -263,772 | 485,559 | 67 |
| 2025-09-30 | +252,908 | -13,841 | +145,227 | -288,236 | 493,748 | 75 |
| 2025-09-23 | +266,749 | +339 | +160,549 | -298,403 | 528,789 | 82 |
| 2025-09-16 | +266,410 | +4,670 | +158,971 | -302,371 | 516,221 | 81 |
| 2025-09-09 | +261,740 | +12,210 | +163,519 | -273,375 | 509,625 | 80 |
| 2025-09-02 | +249,530 | +35,219 | +161,502 | -273,898 | 492,908 | 75 |
| 2025-08-26 | +214,311 | +1,721 | +141,917 | -250,965 | 443,760 | 62 |
| 2025-08-19 | +212,590 | -16,895 | +137,385 | -249,965 | 438,541 | 61 |
| 2025-08-12 | +229,485 | -7,565 | +148,287 | -263,065 | 446,152 | 67 |
| 2025-08-05 | +237,050 | +13,454 | +153,987 | -270,146 | 449,647 | 70 |
| 2025-07-29 | +223,596 | -29,442 | +134,256 | -259,079 | 445,259 | 65 |
| 2025-07-22 | +253,038 | +39,923 | +159,934 | -282,337 | 489,423 | 76 |
| 2025-07-15 | +213,115 | +10,147 | +136,727 | -250,688 | 448,531 | 61 |
| 2025-07-08 | +202,968 | +988 | +128,942 | -238,354 | 443,144 | 57 |
| 2025-07-01 | +201,980 | +6,976 | +130,360 | -236,069 | 437,662 | 57 |
| 2025-06-24 | +195,004 | -5,644 | +125,128 | -230,560 | 434,958 | 54 |
| 2025-06-17 | +200,648 | +13,167 | +130,511 | -237,727 | 441,214 | 56 |
| 2025-06-10 | +187,481 | -424 | +124,091 | -222,718 | 417,143 | 51 |
| 2025-06-03 | +187,905 | +13,721 | +123,582 | -220,826 | 415,941 | 52 |
| 2025-05-27 | +174,184 | +10,203 | +110,816 | -207,587 | 437,538 | 46 |
| 2025-05-20 | +163,981 | +2,772 | +107,629 | -197,648 | 448,000 | 42 |
| 2025-05-13 | +161,209 | -1,288 | +101,227 | -191,207 | 440,842 | 41 |
| 2025-05-06 | +162,497 | -821 | +102,091 | -192,103 | 452,414 | 42 |
| 2025-04-29 | +163,318 | -12,060 | +105,895 | -190,761 | 451,868 | 42 |
| 2025-04-22 | +175,378 | -26,832 | +120,902 | -202,268 | 465,351 | 47 |
| 2025-04-15 | +202,210 | +1,495 | +124,854 | -231,912 | 456,628 | 57 |
| 2025-04-08 | +200,715 | -37,719 | +130,986 | -232,183 | 445,468 | 56 |
| 2025-04-01 | +238,434 | -11,362 | +141,999 | -265,061 | 498,746 | 71 |
| 2025-03-25 | +249,796 | -8,136 | +174,732 | -278,598 | 511,482 | 75 |
| 2025-03-18 | +257,932 | +21,832 | +183,834 | -285,168 | 533,566 | 78 |
| 2025-03-11 | +236,100 | -7,161 | +167,576 | -265,188 | 511,276 | 70 |
| 2025-03-04 | +243,261 | -18,364 | +166,658 | -271,115 | 489,270 | 73 |
| 2025-02-25 | +261,625 | -7,049 | +179,812 | -288,100 | 512,179 | 80 |
| 2025-02-18 | +268,674 | -15,830 | +185,329 | -296,071 | 522,330 | 82 |
| 2025-02-11 | +284,504 | -18,004 | +194,803 | -309,888 | 528,719 | 88 |
| 2025-02-04 | +302,508 | +3,099 | +209,533 | -328,175 | 542,004 | 95 |
| 2025-01-28 | +299,409 | -1,375 | +210,540 | -323,722 | 577,505 | 94 |
| 2025-01-21 | +300,784 | +21,421 | +215,869 | -326,608 | 571,387 | 94 |
| 2025-01-14 | +279,363 | +24,452 | +195,622 | -302,452 | 526,467 | 86 |
| 2025-01-07 | +254,911 | +7,632 | +177,641 | -278,646 | 477,043 | 77 |
| 2024-12-31 | +247,279 | -350 | +166,169 | -271,296 | 458,584 | 74 |
| 2024-12-24 | +247,629 | -14,412 | +165,497 | -273,336 | 454,646 | 74 |
| 2024-12-17 | +262,041 | -13,545 | +183,502 | -285,233 | 466,571 | 80 |
| 2024-12-10 | +275,586 | +15,850 | +196,078 | -296,871 | 483,346 | 85 |
| 2024-12-03 | +259,736 | +9,398 | +180,735 | -286,275 | 462,040 | 79 |
| 2024-11-26 | +250,338 | +15,971 | +179,290 | -272,520 | 472,660 | 75 |
| 2024-11-19 | +234,367 | -2,084 | +155,174 | -262,322 | 502,952 | 69 |
| 2024-11-12 | +236,451 | -18,878 | +165,296 | -265,582 | 535,981 | 70 |
| 2024-11-05 | +255,329 | -23,324 | +183,003 | -283,059 | 558,034 | 77 |
| 2024-10-29 | +278,653 | -17,551 | +195,173 | -303,671 | 579,468 | 86 |
| 2024-10-22 | +296,204 | +9,770 | +205,160 | -324,701 | 573,760 | 93 |
| 2024-10-15 | +286,434 | +8,254 | +199,421 | -312,658 | 541,232 | 89 |
| 2024-10-08 | +278,180 | -21,751 | +194,059 | -303,976 | 520,316 | 86 |
| 2024-10-01 | +299,931 | -15,459 | +214,462 | -327,524 | 533,107 | 94 |
| 2024-09-24 | +315,390 | +5,324 | +219,029 | -339,706 | 564,640 | 100 |
| 2024-09-17 | +310,066 | +27,565 | +216,355 | -335,127 | 537,627 | 100 |
| 2024-09-10 | +282,501 | -5,057 | +190,455 | -306,899 | 511,501 | 95 |
| 2024-09-03 | +287,558 | -6,887 | +192,090 | -311,887 | 511,136 | 97 |
| 2024-08-27 | +294,445 | +3,192 | +200,291 | -322,319 | 521,759 | 100 |
| 2024-08-20 | +291,253 | +23,989 | +193,305 | -316,506 | 532,867 | 100 |
| 2024-08-13 | +267,264 | +28,515 | +177,915 | -292,502 | 505,872 | 92 |
| 2024-08-06 | +238,749 | -7,852 | +150,786 | -269,034 | 480,645 | 80 |
| 2024-07-30 | +246,601 | -26,473 | +152,364 | -272,857 | 510,914 | 84 |
| 2024-07-23 | +273,074 | -11,950 | +162,860 | -300,925 | 572,306 | 95 |
| 2024-07-16 | +285,024 | +30,249 | +184,532 | -309,304 | 579,862 | 100 |
| 2024-07-09 | +254,775 | +13,232 | +157,467 | -280,629 | 516,324 | 91 |
| 2024-07-02 | +241,543 | -4,686 | +150,815 | -264,799 | 454,730 | 85 |
| 2024-06-25 | +246,229 | +3,145 | +158,202 | -271,488 | 452,190 | 87 |
| 2024-06-18 | +243,084 | +9,158 | +160,621 | -267,730 | 444,345 | 86 |
| 2024-06-11 | +233,926 | -3,376 | +152,965 | -260,511 | 436,857 | 82 |
| 2024-06-04 | +237,302 | +717 | +152,299 | -265,931 | 447,488 | 83 |
| 2024-05-28 | +236,585 | +6,779 | +148,828 | -260,950 | 485,430 | 83 |
| 2024-05-21 | +229,806 | +25,310 | +148,523 | -258,663 | 530,591 | 80 |
| 2024-05-14 | +204,496 | +4,929 | +130,435 | -232,110 | 522,952 | 69 |
| 2024-05-07 | +199,567 | -4,643 | +126,099 | -227,266 | 529,835 | 66 |
| 2024-04-30 | +204,210 | +1,319 | +135,027 | -227,498 | 519,791 | 68 |
| 2024-04-23 | +202,891 | +968 | +142,139 | -226,872 | 516,249 | 68 |
| 2024-04-16 | +201,923 | -496 | +134,736 | -222,758 | 517,193 | 67 |
| 2024-04-09 | +202,419 | -4,831 | +141,732 | -224,582 | 505,214 | 68 |
| 2024-04-02 | +207,250 | +7,956 | +147,080 | -225,714 | 500,045 | 70 |
| 2024-03-26 | +199,294 | -2,308 | +135,795 | -218,340 | 503,642 | 66 |
| 2024-03-19 | +201,602 | 0 | +142,896 | -217,530 | 535,047 | 67 |
| 2024-03-12 | +201,602 | +10,309 | +141,083 | -218,273 | 516,057 | 67 |
| 2024-03-05 | +191,293 | +49,657 | +109,763 | -206,792 | 471,616 | 63 |
| 2024-02-27 | +141,636 | +1,374 | +56,153 | -158,352 | 411,195 | 40 |
| 2024-02-20 | +140,262 | +9,094 | +49,923 | -159,411 | 407,063 | 40 |
| 2024-02-13 | +131,168 | -30,570 | +34,176 | -152,980 | 420,812 | 36 |
| 2024-02-06 | +161,738 | +13,947 | +68,069 | -180,241 | 419,121 | 49 |
| 2024-01-30 | +147,791 | -21,683 | +56,024 | -170,518 | 430,328 | 43 |
| 2024-01-23 | +169,474 | -10,419 | +61,033 | -192,093 | 465,872 | 53 |
| 2024-01-16 | +179,893 | -8,721 | +83,229 | -207,420 | 489,334 | 57 |
| 2024-01-09 | +188,614 | -19,035 | +88,459 | -217,701 | 489,849 | 61 |
| 2024-01-02 | +207,649 | -69 | +109,149 | -235,478 | 500,364 | 68 |
| 2023-12-26 | +207,718 | +6,379 | +106,454 | -232,345 | 491,343 | 68 |
| 2023-12-19 | +201,339 | +13,106 | +108,276 | -227,058 | 481,203 | 66 |
| 2023-12-12 | +188,233 | -15,311 | +95,528 | -212,808 | 469,939 | 60 |
| 2023-12-05 | +203,544 | +3,460 | +109,387 | -226,945 | 487,469 | 67 |
| 2023-11-28 | +200,084 | +28,379 | +114,893 | -218,592 | 505,658 | 65 |
| 2023-11-21 | +171,705 | +16,329 | +79,135 | -190,235 | 508,429 | 53 |
| 2023-11-14 | +155,376 | -10,840 | +64,315 | -177,019 | 486,634 | 45 |
| 2023-11-07 | +166,216 | +2,791 | +78,235 | -186,091 | 484,347 | 50 |
| 2023-10-31 | +163,425 | +14,040 | +74,840 | -182,707 | 475,808 | 49 |
| 2023-10-24 | +149,385 | +36,647 | +55,748 | -165,873 | 463,476 | 43 |
| 2023-10-17 | +112,738 | +41,305 | +15,103 | -127,999 | 439,581 | 27 |
Year-by-year history (large speculators)
| Year | Reports | Average net | Highest | Lowest | Last report | Avg open interest |
|---|---|---|---|---|---|---|
| 2026 | 41 | +189,425 | +251,238 Jan 13 | +154,260 May 26 | +207,879 | 397,584 |
| 2025 | 52 | +225,501 | +302,508 Feb 4 | +161,209 May 13 | +231,173 | 475,097 |
| 2024 | 53 | +234,115 | +315,390 Sep 24 | +131,168 Feb 13 | +247,279 | 498,328 |
| 2023 | 52 | +154,864 | +207,718 Dec 26 | +71,433 Oct 10 | +207,718 | 462,791 |
| 2022 | 52 | +158,253 | +274,388 Mar 8 | +52,081 Sep 27 | +136,880 | 508,157 |
| 2021 | 52 | +204,624 | +279,318 Jan 5 | +162,226 Jun 29 | +213,156 | 499,760 |
| 2020 | 52 | +262,053 | +353,649 Feb 18 | +208,613 Jun 9 | +268,872 | 575,134 |
| 2019 | 52 | +197,441 | +327,925 Dec 31 | +37,395 Apr 23 | +327,925 | 570,800 |
| 2018 | 53 | +88,107 | +214,684 Jan 23 | -38,175 Oct 9 | +123,772 | 491,442 |
| 2017 | 52 | +158,474 | +254,760 Sep 12 | +60,138 Jul 18 | +135,948 | 475,604 |
| 2016 | 52 | +203,934 | +315,963 Jul 5 | +26,560 Jan 5 | +98,343 | 507,171 |
| 2015 | 52 | +81,830 | +188,925 Jan 27 | +9,750 Dec 1 | +19,102 | 418,942 |
| 2014 | 52 | +95,233 | +150,021 Jul 8 | +38,887 Jan 7 | +115,837 | 389,762 |
| 2013 | 52 | +77,228 | +151,897 Jan 22 | +16,557 Jul 9 | +32,223 | 407,776 |
| 2012 | 53 | +152,236 | +211,949 Oct 9 | +110,712 May 29 | +148,519 | 433,708 |
| 2011 | 52 | +175,283 | +247,175 Aug 2 | +126,978 Oct 18 | +130,788 | 495,921 |
| 2010 | 52 | +219,746 | +259,620 Oct 5 | +173,766 Mar 30 | +215,788 | 558,163 |
| 2009 | 52 | +185,681 | +262,331 Nov 24 | +123,937 Jan 20 | +230,490 | 408,253 |
| 2008 | 52 | +148,579 | +212,259 Feb 19 | +63,959 Nov 11 | +125,961 | 405,043 |
| 2007 | 53 | +123,089 | +202,125 Nov 6 | +52,868 Jan 9 | +199,438 | 412,170 |
| 2006 | 52 | +102,511 | +150,962 Jan 3 | +56,050 Oct 24 | +68,092 | 328,338 |
About this data
Source: the U.S. Commodity Futures Trading Commission's Commitments of Traders reports, read from the CFTC's public reporting API. Contract: COMEX gold futures (100 troy oz), CFTC contract market code 088691. Every figure is in contracts and comes from the futures-only reports: the Legacy report (dataset 6dca-aqww) for large speculators, commercials and small traders, and the Disaggregated report (dataset 72hh-3qpy) for managed money, producers and merchants, and swap dealers.
Net position = long minus short contracts; spreading positions are excluded. Weekly changes for the Legacy groups are the CFTC's own; for the Disaggregated groups they are the difference from the previous report. The COT index and percentiles are AlphaScala calculations over the stored weekly history, which starts on Jan 3, 2006 (1,085 reports). The data describes what traders held on each Tuesday; it is not a forecast or a recommendation. See the methodology for how AlphaScala sources data.
FAQ
What does the Gold COT report show?
The CFTC's weekly Commitments of Traders report breaks down open interest in COMEX gold futures (100 troy oz), CFTC contract code 088691, by type of trader. This page uses two of its reports: the Legacy report, which splits reportable traders into commercial and non-commercial, and the Disaggregated report, which splits them into producers and merchants, swap dealers, managed money and other reportables. Both are the futures-only versions, so options positions are not included. The latest report here holds positions as of Oct 13, 2026.
When is the COT report released?
The CFTC collects positions as of the close of business on Tuesday and generally publishes them on Friday at 3:30 p.m. Eastern time. A federal holiday between the Tuesday and the Friday delays the release, typically to the following Monday (Veterans Day, Thanksgiving and Christmas weeks, for example), and the CFTC lists those dates on its release schedule in advance; a Monday holiday such as Columbus Day does not. Publication stops during a lapse in federal funding, with the missed reports released afterwards. AlphaScala checks for the new report on Friday evening and again on Monday (UTC).
Who counts as a large speculator in the COT report?
In the Legacy report, a reportable trader is classified as commercial in a commodity if it uses futures in that commodity for hedging as defined in CFTC Regulation 1.3. Traders generally get that classification by filing CFTC Form 40, and CFTC staff can reclassify them. Every other reportable trader is non-commercial, the group COT readers call large speculators. A trader can be commercial in one commodity and non-commercial in another, but not both in the same commodity.
What is managed money in the COT report?
In the Disaggregated report, managed money means registered commodity trading advisors (CTAs), registered commodity pool operators (CPOs) and unregistered funds the CFTC identifies, all trading futures on behalf of clients. It is narrower than the Legacy non-commercial group. The report's other categories are producers, merchants, processors and users of the physical commodity, swap dealers, and other reportable traders.
What are non-reportable positions?
The CFTC sets a reporting level for each contract, and clearing members, futures commission merchants and foreign brokers report every trader at or above it. Non-reportable positions are what is left of open interest after subtracting all reportable positions, so the number of those traders and whether they are hedgers is unknown. They are usually read as small traders.
How is the COT index calculated?
COT index = (current net position − lowest net position in the lookback) ÷ (highest − lowest) × 100, using the weekly net position of large speculators (longs minus shorts; spreading positions are left out). 0 is the most net short, or least net long, of the lookback and 100 the most net long. AlphaScala shows 26-week, 52-week and 3-year versions, plus a percentile: the share of weeks in the window with a net position at or below the current one. Both describe positioning relative to its own history; neither is a forecast.