Approximately 5 million ounces (160 tons) of aggregate open interest in COMEX gold contracts have been liquidated since the last Commitment of Traders report, indicating that speculative leverage positions have been flushed out of the market.
factualpending
Speaker
John ReedEvidence Quote
“since the last commitment of traders report so that's as of last Tuesday we've seen about 5 million ounces of of positions liquidated. So aggregate open interest has fallen as the gold price fell.”
Source
Europe Is Cracking – Gold Demand Explodes, What Comes After the Crash? | John Reade— Soar FinanciallyCreated: 8/11/2026, 6:47:47 AM
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