We provide data on the current futures open interest on the nine major global gold futures exchanges. Open interest is the total number of outstanding contracts that are held by market participants. Open interest measures the flow of money in to the futures market. The open interest is the combination of each transaction of a buyer and seller in the market. The higher the number of open interest, the higher the amount of activity in the futures markets.

 

Open interest

Data as of

Sources: Bloomberg, COMEX; Disclaimer

Note: To purchase historical CME data, please visit CME DataMine

The Commodity Futures Trading Commission (CFTC) publishes a weekly Commitment of Traders (COT) report that provides information on the positioning of speculative investors in the U.S. futures markets. This report is often used as an indicator for market sentiment for the price of gold. Short positioning reflects bearish sentiment while Long positioning reflects bullish sentiment in the gold futures’ markets.

 

COMEX net long positioning

Data as of

Sources: Bloomberg, U.S. Commodity Futures Trading Commission, COMEX, World Gold Council; Disclaimer

Note: To purchase historical CME data, please visit CME DataMine

Length and Frequency

Data goes back to 2013

Net longs are computed on a weekly, monthly, and yearly basis going back ten years. Monthly and yearly numbers are weekly averages over the respective period.

Update Schedule

All data is updated weekly based on end of day files

Units

Units are based on US$bn and on new long tonnage.