Gold
Gold
Week of August 11, 2026
MIXED
Smart money is net long and buying more.
2Y percentile: 57th — Normal range
Weekly change: +6,896 contracts
Weekly Changes
Producer/Merchant-9.1K
Managed Money+6.9K
Swap Dealer-17.1K
Other Reportable+13.4K
Positioning Percentile (2Y)
Producer/Merchant
76thWell above average
050100
Managed Money
57thNormal range
050100
Swap Dealer
28thBelow average
050100
Other Reportable
52ndNormal range
050100
Full Stats Table
| Trader Type | Net Position | Weekly Change | 2Y Percentile | 5Y Percentile |
|---|---|---|---|---|
| Producer/Merchant | -27.9K | -9.1K | 76th | 80th |
| Managed Money | +137.7K | +6.9K | 57th | 75th |
| Swap Dealer | -224.7K | -17.1K | 28th | 16th |
| Other Reportable | +80.3K | +13.4K | 52nd | 29th |
About Gold Positioning
The ultimate store of value trade. Gold positioning reflects inflation expectations, real rate views, and central bank credibility. When managed money goes max long, the inflation/debasement trade is crowded. Producer hedging patterns reveal what the people who actually mine it think about future prices.