FX.co ★ Gold Bulls Add to Bets as CFTC Net Long Positions Edge Higher in the U.S.

Speculative interest in gold futures has strengthened in the United States, with the latest data from the Commodity Futures Trading Commission (CFTC) showing an uptick in net long positions. As of the update on 21 August 2026, gold speculative net positions rose to 222.2K, up from the previous level of 217.9K.

The increase in net long positions suggests that traders and investors are becoming slightly more optimistic on gold’s near-term prospects. While the move is incremental rather than dramatic, the higher reading indicates a growing inclination to position for potential gains in the precious metal, often viewed as a hedge in periods of uncertainty or shifting monetary expectations. Market participants will be watching upcoming macroeconomic data and policy signals for clues on whether this bullish positioning in gold continues to build.