Home › Futures markets

Futures markets

COMEX, the CFTC and the Commitments of Traders report: how paper markets set prices for physical metal.

FuturesCOT data

COMEX, Paper Gold and Physical Metal: How the Markets Fit Together

How COMEX futures, the London OTC market and ETFs relate to physical gold and silver, and why paper trading volumes dwarf the metal in vaults.

A practical guide to the CFTC's weekly COT report: trader categories, legacy versus disaggregated formats, how analysts read it and its limits.