Metals

Gold COT Positioning

As of Sep 8, 2026, commercial hedgers are net short at -270,274 contracts and trimmed their position by +5,556 week over week.

Latest: Sep 8, 2026
Coverage: Sep 21, 2021 - Sep 8, 2026
Weeks: 260

Commercial net

-270,274

Net short

Week over week

-5,556

Trimmed

Large specs

+231,960

Retail

+38,314

Percentile

22th

Of its own history

Net positioning

Commercials vs large speculators

260 weeks

Recent weeks

Week	Commercial net	Large spec net	Retail net
Sep 8, 2026	-270,274	+231,960	+38,314
Sep 1, 2026	-264,718	+228,124	+36,594
Aug 25, 2026	-279,585	+243,334	+36,251
Aug 18, 2026	-258,418	+222,189

Embed this chart

<iframe src="https://www.analytics-fx.com/embed/cot/gold" title="Gold COT positioning" width="480" height="240" style="border:0;border-radius:8px;overflow:hidden" loading="lazy"></iframe>

Explore further

Open in the terminal →All COT reports

GOLD commercial and large speculator net positioning from Sep 21, 2021 to Sep 8, 2026, with a 10th-90th percentile band
Week	Commercial net	Large spec net
2021-09-21	-212644	187647
2021-09-28	-190151	168399
2021-10-05	-203702	182582
2021-10-12	-207614	185539
2021-10-19	-219190	193349
2021-10-26	-239654	214560
2021-11-02	-239877	215129
2021-11-09	-275489	250181
2021-11-16	-287539	259780
2021-11-23	-267834	234411
2021-11-30	-258603	225860
2021-12-07	-245623	217185
2021-12-14	-231411	202401
2021-12-21	-236029	205811
2021-12-28	-245664	213156
2022-01-04	-237458	211355
2022-01-11	-225073	199737
2022-01-18	-221068	194207
2022-01-25	-249746	220151
2022-02-01	-201342	172142
2022-02-08	-211434	186706
2022-02-15	-238875	213613
2022-02-22	-269722	243148
2022-03-01	-285809	257622
2022-03-08	-306946	274388
2022-03-15	-297441	261788
2022-03-22	-281595	248032
2022-03-29	-285937	257596
2022-04-05	-278758	245541
2022-04-12	-288093	254287
2022-04-19	-275525	239757
2022-04-26	-249294	218024
2022-05-03	-231852	199168
2022-05-10	-227756	193315
2022-05-17	-206879	175360
2022-05-24	-211947	183813
2022-05-31	-200056	172589
2022-06-07	-199886	175268
2022-06-14	-178569	154598
2022-06-21	-186929	163287
2022-06-28	-182007	157693
2022-07-05	-165585	145660
2022-07-12	-137788	118121
2022-07-19	-112262	94955
2022-07-26	-108422	92690
2022-08-02	-135565	124326
2022-08-09	-154554	142851
2022-08-16	-153709	141164
2022-08-23	-138072	125847
2022-08-30	-129679	117734
2022-09-06	-114064	103857
2022-09-13	-110938	97344
2022-09-20	-75428	65722
2022-09-27	-62138	52081
2022-10-04	-96548	88385
2022-10-11	-103728	94420
2022-10-18	-90030	76956
2022-10-25	-80213	68032
2022-11-01	-74782	64623
2022-11-08	-91144	82338
2022-11-15	-134308	126269
2022-11-22	-130064	116113
2022-11-29	-119233	110003
2022-12-06	-130079	115125
2022-12-13	-138529	125649
2022-12-20	-142514	128848
2022-12-27	-153776	136880
2023-01-03	-159974	141666
2023-01-10	-172478	150535
2023-01-17	-175913	153240
2023-01-24	-180554	157673
2023-01-31	-180520	160281
2023-02-07	-152966	128815
2023-02-14	-129072	105529
2023-02-21	-129355	107101
2023-02-28	-127487	108593
2023-03-07	-118920	98474
2023-03-14	-155440	140331
2023-03-21	-183568	158605
2023-03-28	-201508	181630
2023-04-04	-218250	195216
2023-04-11	-216548	192745
2023-04-18	-216425	189893
2023-04-25	-211928	185264
2023-05-02	-217584	195567
2023-05-09	-222515	195814
2023-05-16	-211557	179814
2023-05-23	-187023	160732
2023-05-30	-190005	169316
2023-06-06	-198187	175641
2023-06-13	-186062	160209
2023-06-20	-186537	162975
2023-06-27	-175335	151910
2023-07-03	-184717	163097
2023-07-11	-187749	165754
2023-07-18	-213715	193348
2023-07-25	-198210	173639
2023-08-01	-186845	164924
2023-08-08	-167554	142985
2023-08-15	-141930	121136
2023-08-22	-121036	101946
2023-08-29	-140594	123272
2023-09-05	-158239	138006
2023-09-12	-144810	123864
2023-09-19	-152932	135163
2023-09-26	-134836	115815
2023-10-03	-111982	91226
2023-10-10	-90428	71433
2023-10-17	-127999	112738
2023-10-24	-165873	149385
2023-10-31	-182707	163425
2023-11-07	-186091	166216
2023-11-14	-177019	155376
2023-11-21	-190235	171705
2023-11-28	-218592	200084
2023-12-05	-226945	203544
2023-12-12	-212808	188233
2023-12-19	-227058	201339
2023-12-26	-232345	207718
2024-01-02	-235478	207649
2024-01-09	-217701	188614
2024-01-16	-207420	179893
2024-01-23	-192093	169474
2024-01-30	-170518	147791
2024-02-06	-180241	161738
2024-02-13	-152980	131168
2024-02-20	-159411	140262
2024-02-27	-158352	141636
2024-03-05	-206792	191293
2024-03-12	-218273	201602
2024-03-19	-217530	201602
2024-03-26	-218340	199294
2024-04-02	-225714	207250
2024-04-09	-224582	202419
2024-04-16	-222758	201923
2024-04-23	-226872	202891
2024-04-30	-227498	204210
2024-05-07	-227266	199567
2024-05-14	-232110	204496
2024-05-21	-258663	229806
2024-05-28	-260950	236585
2024-06-04	-265931	237302
2024-06-11	-260511	233926
2024-06-18	-267730	243084
2024-06-25	-271488	246229
2024-07-02	-264799	241543
2024-07-09	-280629	254775
2024-07-16	-309304	285024
2024-07-23	-300925	273074
2024-07-30	-272857	246601
2024-08-06	-269034	238749
2024-08-13	-292502	267264
2024-08-20	-316506	291253
2024-08-27	-322319	294445
2024-09-03	-311887	287558
2024-09-10	-306899	282501
2024-09-17	-335127	310066
2024-09-24	-339706	315390
2024-10-01	-327524	299931
2024-10-08	-303976	278180
2024-10-15	-312658	286434
2024-10-22	-324701	296204
2024-10-29	-303671	278653
2024-11-05	-283059	255329
2024-11-12	-265582	236451
2024-11-19	-262322	234367
2024-11-26	-272520	250338
2024-12-03	-286275	259736
2024-12-10	-296871	275586
2024-12-17	-285233	262041
2024-12-24	-273336	247629
2024-12-31	-271296	247279
2025-01-07	-278646	254911
2025-01-14	-302452	279363
2025-01-21	-326608	300784
2025-01-28	-323722	299409
2025-02-04	-328175	302508
2025-02-11	-309888	284504
2025-02-18	-296071	268674
2025-02-25	-288100	261625
2025-03-04	-271115	243261
2025-03-11	-265188	236100
2025-03-18	-285168	257932
2025-03-25	-278598	249796
2025-04-01	-265061	238434
2025-04-08	-232183	200715
2025-04-15	-231912	202210
2025-04-22	-202268	175378
2025-04-29	-190761	163318
2025-05-06	-192103	162497
2025-05-13	-191207	161209
2025-05-20	-197648	163981
2025-05-27	-207587	174184
2025-06-03	-220826	187905
2025-06-10	-222718	187481
2025-06-17	-237727	200648
2025-06-24	-230560	195004
2025-07-01	-236069	201980
2025-07-08	-238354	202968
2025-07-15	-250688	213115
2025-07-22	-282337	253038
2025-07-29	-259079	223596
2025-08-05	-270146	237050
2025-08-12	-263065	229485
2025-08-19	-249965	212590
2025-08-26	-250965	214311
2025-09-02	-273898	249530
2025-09-09	-273375	261740
2025-09-16	-302371	266410
2025-09-23	-298403	266749
2025-09-30	-288236	252908
2025-10-07	-263772	231956
2025-10-14	-236867	203916
2025-10-21	-210117	176609
2025-10-28	-237027	204664
2025-11-04	-236542	202307
2025-11-10	-244823	207069
2025-11-18	-245585	210339
2025-11-25	-241403	204588
2025-12-02	-255348	217560
2025-12-09	-262579	223886
2025-12-16	-274358	233978
2025-12-23	-283526	240700
2025-12-30	-275246	231173
2026-01-06	-272035	227632
2026-01-13	-297106	251238
2026-01-20	-289689	244770
2026-01-27	-248285	205396
2026-02-03	-207778	165604
2026-02-10	-197738	160012
2026-02-17	-196782	159915
2026-02-24	-200806	159177
2026-03-03	-200583	160145
2026-03-10	-202976	163132
2026-03-17	-198648	159869
2026-03-24	-203828	168327
2026-03-31	-201640	163202
2026-04-07	-193751	156305
2026-04-14	-201082	162526
2026-04-21	-202940	164006
2026-04-28	-194813	159571
2026-05-05	-198935	163303
2026-05-12	-210258	171622
2026-05-19	-191629	159833
2026-05-26	-185766	154260
2026-06-02	-206345	176020
2026-06-09	-201036	173837
2026-06-16	-207563	180220
2026-06-23	-205404	181339
2026-06-30	-221070	194019
2026-07-07	-222282	194246
2026-07-14	-214788	186682
2026-07-21	-213199	183910
2026-07-28	-212309	182070
2026-08-04	-226491	197634
2026-08-11	-252640	217940
2026-08-18	-258418	222189
2026-08-25	-279585	243334
2026-09-01	-264718	228124
2026-09-08	-270274	231960

GOLD commercial and large speculator net positioning from Sep 21, 2021 to Sep 8, 2026, with a 10th-90th percentile band

Week

Commercial net

Large spec net

2021-09-21

-212644

187647

2021-09-28

-190151

168399

2021-10-05

-203702

182582

2021-10-12

-207614

185539

2021-10-19

-219190

193349

2021-10-26

-239654

214560

2021-11-02

-239877

215129

2021-11-09

-275489

250181

2021-11-16

-287539

259780

2021-11-23

-267834

234411

2021-11-30

-258603

225860

2021-12-07

-245623

217185

2021-12-14

-231411

202401

2021-12-21

-236029

205811

2021-12-28

-245664

213156

2022-01-04

-237458

211355

2022-01-11

-225073

199737

2022-01-18

-221068

194207

2022-01-25

-249746

220151

2022-02-01

-201342

172142

2022-02-08

-211434

186706

2022-02-15

-238875

213613

2022-02-22

-269722

243148

2022-03-01

-285809

257622

2022-03-08

-306946

274388

2022-03-15

-297441

261788

2022-03-22

-281595

248032

2022-03-29

-285937

257596

2022-04-05

-278758

245541

2022-04-12

-288093

254287

2022-04-19

-275525

239757

2022-04-26

-249294

218024

2022-05-03

-231852

199168

2022-05-10

-227756

193315

2022-05-17

-206879

175360

2022-05-24

-211947

183813

2022-05-31

-200056

172589

2022-06-07

-199886

175268

2022-06-14

-178569

154598

2022-06-21

-186929

163287

2022-06-28

-182007

157693

2022-07-05

-165585

145660

2022-07-12

-137788

118121

2022-07-19

-112262

94955

2022-07-26

-108422

92690

2022-08-02

-135565

124326

2022-08-09

-154554

142851

2022-08-16

-153709

141164

2022-08-23

-138072

125847

2022-08-30

-129679

117734

2022-09-06

-114064

103857

2022-09-13

-110938

97344

2022-09-20

-75428

65722

2022-09-27

-62138

52081

2022-10-04

-96548

88385

2022-10-11

-103728

94420

2022-10-18

-90030

76956

2022-10-25

-80213

68032

2022-11-01

-74782

64623

2022-11-08

-91144

82338

2022-11-15

-134308

126269

2022-11-22

-130064

116113

2022-11-29

-119233

110003

2022-12-06

-130079

115125

2022-12-13

-138529

125649

2022-12-20

-142514

128848

2022-12-27

-153776

136880

2023-01-03

-159974

141666

2023-01-10

-172478

150535

2023-01-17

-175913

153240

2023-01-24

-180554

157673

2023-01-31

-180520

160281

2023-02-07

-152966

128815

2023-02-14

-129072

105529

2023-02-21

-129355

107101

2023-02-28

-127487

108593

2023-03-07

-118920

98474

2023-03-14

-155440

140331

2023-03-21

-183568

158605

2023-03-28

-201508

181630

2023-04-04

-218250

195216

2023-04-11

-216548

192745

2023-04-18

-216425

189893

2023-04-25

-211928

185264

2023-05-02

-217584

195567

2023-05-09

-222515

195814

2023-05-16

-211557

179814

2023-05-23

-187023

160732

2023-05-30

-190005

169316

2023-06-06

-198187

175641

2023-06-13

-186062

160209

2023-06-20

-186537

162975

2023-06-27

-175335

151910

2023-07-03

-184717

163097

2023-07-11

-187749

165754

2023-07-18

-213715

193348

2023-07-25

-198210

173639

2023-08-01

-186845

164924

2023-08-08

-167554

142985

2023-08-15

-141930

121136

2023-08-22

-121036

101946

2023-08-29

-140594

123272

2023-09-05

-158239

138006

2023-09-12

-144810

123864

2023-09-19

-152932

135163

2023-09-26

-134836

115815

2023-10-03

-111982

91226

2023-10-10

-90428

71433

2023-10-17

-127999

112738

2023-10-24

-165873

149385

2023-10-31

-182707

163425

2023-11-07

-186091

166216

2023-11-14

-177019

155376

2023-11-21

-190235

171705

2023-11-28

-218592

200084

2023-12-05

-226945

203544

2023-12-12

-212808

188233

2023-12-19

-227058

201339

2023-12-26

-232345

207718

2024-01-02

-235478

207649

2024-01-09

-217701

188614

2024-01-16

-207420

179893

2024-01-23

-192093

169474

2024-01-30

-170518

147791

2024-02-06

-180241

161738

2024-02-13

-152980

131168

2024-02-20

-159411

140262

2024-02-27

-158352

141636

2024-03-05

-206792

191293

2024-03-12

-218273

201602

2024-03-19

-217530

201602

2024-03-26

-218340

199294

2024-04-02

-225714

207250

2024-04-09

-224582

202419

2024-04-16

-222758

201923

2024-04-23

-226872

202891

2024-04-30

-227498

204210

2024-05-07

-227266

199567

2024-05-14

-232110

204496

2024-05-21

-258663

229806

2024-05-28

-260950

236585

2024-06-04

-265931

237302

2024-06-11

-260511

233926

2024-06-18

-267730

243084

2024-06-25

-271488

246229

2024-07-02

-264799

241543

2024-07-09

-280629

254775

2024-07-16

-309304

285024

2024-07-23

-300925

273074

2024-07-30

-272857

246601

2024-08-06

-269034

238749

2024-08-13

-292502

267264

2024-08-20

-316506

291253

2024-08-27

-322319

294445

2024-09-03

-311887

287558

2024-09-10

-306899

282501

2024-09-17

-335127

310066

2024-09-24

-339706

315390

2024-10-01

-327524

299931

2024-10-08

-303976

278180

2024-10-15

-312658

286434

2024-10-22

-324701

296204

2024-10-29

-303671

278653

2024-11-05

-283059

255329

2024-11-12

-265582

236451

2024-11-19

-262322

234367

2024-11-26

-272520

250338

2024-12-03

-286275

259736

2024-12-10

-296871

275586

2024-12-17

-285233

262041

2024-12-24

-273336

247629

2024-12-31

-271296

247279

2025-01-07

-278646

254911

2025-01-14

-302452

279363

2025-01-21

-326608

300784

2025-01-28

-323722

299409

2025-02-04

-328175

302508

2025-02-11

-309888

284504

2025-02-18

-296071

268674

2025-02-25

-288100

261625

2025-03-04

-271115

243261

2025-03-11

-265188

236100

2025-03-18

-285168

257932

2025-03-25

-278598

249796

2025-04-01

-265061

238434

2025-04-08

-232183

200715

2025-04-15

-231912

202210

2025-04-22

-202268

175378

2025-04-29

-190761

163318

2025-05-06

-192103

162497

2025-05-13

-191207

161209

2025-05-20

-197648

163981

2025-05-27

-207587

174184

2025-06-03

-220826

187905

2025-06-10

-222718

187481

2025-06-17

-237727

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