Precious metals speculators registered a further pronounced decline in their net long position in the Gold futures, as indicated by the latest Commitment of Traders (COT) data disclosed by the Commodity Futures Trading Commission (CFTC). Non-commercial futures contracts for Gold futures, encompassing the trading activity of substantial speculators, hedge funds, and retailers, aggregated a net position of 186451 contracts in the data reported through October 27, 2026, decreasing by 13414 contracts from the prior week and approaching a three-month trough.