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home / news releases / IAUM - Is The Comex Showing An Impending Price Spike In Silver?

IAUM - Is The Comex Showing An Impending Price Spike In Silver?

iShares Gold Trust Micro

2024-05-01 14:10:00 ET

Summary

  • April is a major delivery month in gold. The delivery amount this month of 18k contracts was second highest since June of last year.
  • April delivery is a minor delivery month for silver. Delivery volume has been climbing in recent months but saw a major increase in the latest month.
  • Comex data suggests there is a lot of interest in physical silver right now. This could lead to a major surge in price coming soon.

Originally published on April 27, 2024

By SchiffGold

The Comex report last month showed a lot of strength in gold which directly preceded a massive up move for the price of gold. The data is looking similar in silver this month!...

For further details see:

Is The Comex Showing An Impending Price Spike In Silver?
Stock Information
Company Name: iShares Gold Trust Micro
Stock Symbol: IAUM
Market: NYSE
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