COT Gold, Silver & USDX Report – August 28, 2026 (GoldSeek)
Key Takeaways
- •GoldSeek published its COT Gold, Silver & USDX Report for August 28, 2026, as part of its ongoing weekly series.
- •The report is based on CFTC Commitments of Traders data, released each Friday and reflecting positions as of the prior Tuesday.
- •The series covers commercial and non-commercial positioning in COMEX gold futures, COMEX silver futures, and U.S. Dollar Index futures.
- •Analysts generally treat extremes in net speculative positioning as a contrarian or risk indicator rather than a direct trading signal.
- •Readers typically compare successive weekly reports to track changes in net long and short positioning across the three instruments.
GoldSeek has published its latest "COT Gold, Silver & USDX Report" dated August 28, 2026, continuing the site's regular series tracking positioning in the precious metals and currency markets.
The report series draws on the Commitments of Traders (COT) data released weekly by the U.S. Commodity Futures Trading Commission (CFTC). The CFTC's COT reports, published each Friday, break down the open interest in U.S. futures markets by trader category — commercial hedgers, large speculators (non-commercial), and small traders — providing one of the most widely followed gauges of institutional positioning in markets such as gold, silver, and currency futures traded on exchanges like COMEX. The data reflects positions as of the preceding Tuesday, so weekly COT commentary typically lags price action by several days — a timing nuance readers should keep in mind when interpreting positioning shifts.
The GoldSeek COT series focuses on three instruments in particular:
- Gold: positioning of commercial and non-commercial traders in COMEX gold futures, which analysts commonly watch for extremes in speculative long or short interest.
- Silver: the equivalent positioning breakdown for COMEX silver futures.
- USDX (U.S. Dollar Index): positioning in U.S. Dollar Index futures, which tracks the dollar against a basket of major currencies and often moves inversely to precious metals prices.
Analysts who follow COT data generally treat extremes in net speculative positioning as a contrarian or risk indicator rather than a trading signal on their own: historically crowded positioning in one direction is watched for its potential to amplify reversals when sentiment shifts, though the data alone does not determine future price direction.
The original article for August 28, 2026 was published at GoldSeek: COT Gold, Silver & USDX Report – August 28, 2026. The report is produced under GoldSeek's COT Gold Report byline, and readers can subscribe via the newsletter signup on the site. The report's featured chart image accompanies the publication on the original page.
GoldSeek is a long-running precious metals news and analysis website that aggregates commentary, market reports, and price data for gold, silver, and related assets. Readers tracking this series week to week typically compare successive reports to spot changes in net long/short positioning across the three instruments.
