CFTC CoTs: Managed Money No Longer Driving Price Moves
Exploring Finance | SchiffGold | 29 Sep, 2026
Please note: the CoTs report was published 09/25/2026 for the period ending 09/22/2026. “Managed Money” and “Hedge Funds” are used interchangeably.
The Commitment of Traders report is a weekly publication that shows the breakdown of ownership in the Futures market. For every contract, there is a long and a short, so the net positioning will always be zero, but the report shows who is positioned long or short. Historically, Hedge Funds (Managed Money) dominate the price action in both Gold and Silver.
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