COT Reports / Metals / GM

Gold Mini (GM): COT Report, Price & Analysis GM

Track how "Smart Money" institutions are positioning themselves in Gold Mini (GM). By analyzing the latest Commitments of Traders (COT) data from the MICRO GOLD - COMMODITY EXCHANGE INC., with real-time price charts and sector comparisons, we provide a deep dive into the current market dynamics. Understanding these underlying shifts allows you to better anticipate where the market might be heading next.

About Gold Mini (GM)

About Gold

Gold is a precious metal that has served as a store of value, medium of exchange, and symbol of wealth for millennia. The futures market offers different contract sizes to accommodate all traders:

  • Standard Gold (GC): The benchmark 100-ounce contract, primarily used by institutions.
  • E-Micro Gold (MGC): 1/10th the size (10 ounces), designed for retail traders.

Primary Usage

While its primary role in modern markets is as an investment asset and central bank reserve, it is also extensively used in jewelry and high-end electronics.

Market Dynamics & Key Drivers

  • Real Interest Rates: Gold yields no interest; it becomes more attractive when inflation-adjusted (real) interest rates fall.
  • Safe-Haven Demand: During geopolitical instability or financial panic, investors flock to gold.
  • The US Dollar: Priced globally in US Dollars; a weak dollar typically drives gold prices higher.
Price
$4,777.20 / oz Troy Ounce (oz) is the standard unit of measurement for precious metals. One troy ounce is approximately 31.1 grams.
Apr 08, 2026
Market Sentiment
Increasing Bearish
Outlook
Net Position
Net Position: Difference between long and short contracts of Non-Commercials (large speculators/funds). A positive value means they are predominantly net-long (expecting rising prices).
-24,393
▼ 41.6%
Market Situation
The market situation analyzes the current net positioning compared to the historical average of recent years (Z-Score). This helps to identify extreme market conditions.
Bearish

Gold Mini (GM) Price Chart

COT Charts

Latest News for Gold

What's next for gold after the 200-day moving average breaks?
What's next for gold after the 200-day moving average breaks?

Gold and silver investors aren't heading into the weekend with much to feel good about.

Kitco Kitco, 6 days ago

Gold and silver tumble after hot jobs print lifts dollar, Treasury yields - Kitco PM Report
Gold and silver tumble after hot jobs print lifts dollar, Treasury yields - Kitco PM Report

Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Friday, after a stronger-than-expected May jobs report lifted Treasury yields, firmed the U.S. dolla...

Kitco Kitco, 6 days ago

Gold (XAU/USD) Price Forecast: Sellers Dominate After 200-Day Breakdown
Gold (XAU/USD) Price Forecast: Sellers Dominate After 200-Day Breakdown

Gold extends its bearish breakdown below key support levels and the 200-day moving average, with sellers in control and downside targets now in focus.

FXEmpire FXEmpire, 6 days ago

Positioning History

commercial and non-commercial positions
Date Position Net Position
Difference between Non-Commercial Long and Short
Non-Comm. Long
Speculators & funds betting on rising prices
Non-Comm. Short
Speculators & funds betting on falling prices
Comm. Long
Hedgers/producers hedging against rising prices
Comm. Short
Hedgers/producers hedging against falling prices
Jun 02, 2026 Bearish -24,393 13,698 38,091 6,753 0
May 26, 2026 Bearish -17,232 19,020 36,252 6,082 0
May 19, 2026 Bearish -24,044 21,807 45,851 5,810 0
May 12, 2026 Bearish -23,877 21,643 45,520 6,097 0
May 05, 2026 Bearish -24,542 20,165 44,707 6,018 0
Apr 28, 2026 Bearish -23,047 17,658 40,705 6,027 0
Apr 21, 2026 Bearish -25,920 15,479 41,399 5,929 0
Apr 14, 2026 Bearish -13,439 18,459 31,898 6,208 0
Apr 07, 2026 Bearish -13,177 16,114 29,291 6,107 0
Mar 31, 2026 Bearish -13,091 15,492 28,583 6,087 0
Mar 24, 2026 Bearish -16,603 20,512 37,115 5,984 0
Mar 17, 2026 Bearish -24,829 10,754 35,583 5,811 0
Mar 10, 2026 Bearish -21,307 10,450 31,757 5,527 0