GOLD - COMMODITY EXCHANGE INC.
FUTURES ONLY POSITIONS AS OF 07/12/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:      269,891
COMMITMENTS
 124,585   50,863   23,532   66,138  177,046  214,255  251,441   55,636   18,450

CHANGES FROM 07/05/05 (CHANGE IN OPEN INTEREST:    -11,295)
 -22,148    9,004     -247   11,391  -18,042  -11,004   -9,285     -291   -2,010

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    46.2     18.8      8.7     24.5     65.6     79.4     93.2     20.6      6.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      235)
     123       50       39       40       42      181      118