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Is it cool? Yes. Will it get scorching hot when left in the sunlight? Absolutely ;)

Titanium has a relatively low thermal conductivity for a metal.

Which should make it hotter, right?

But a lower thermal conductivity will make it feel less hot when you sit on it.

The actual temperature only depends on the surface color.

The perceived temperature is that less conductive objects are less hot/cool than more conductive ones.