FX.co ★ Gold Bulls Trim Exposure as CFTC Net Long Positions Dip to 154.3K

Speculative interest in gold futures eased in the latest reporting period, with CFTC gold speculative net positions in the United States slipping to 154.3K, down from 159.8K previously. The updated figures, released on 29 May 2026, signal a modest pullback in bullish sentiment toward the precious metal.

The decline in net long positions suggests that some investors are taking profits or reducing risk after earlier strength in the gold market. While positioning remains firmly in net-long territory, the adjustment may reflect growing caution around the near-term outlook for interest rates, inflation trends, or broader macroeconomic uncertainty.

Market participants will be watching upcoming economic data and Federal Reserve signals closely to gauge whether this softening in speculative positioning marks the start of a broader shift in sentiment or a temporary pause in gold’s recent momentum.