2024-02-23 02:40:00 ET
Summary
- Gold deliveries have increased steadily over the last several months, reaching the highest level since June 2023.
- Gold inventory levels were significantly depleted throughout 2022 but then stabilized in 2023.
- Silver delivery has been climbing some in recent months for minor delivery periods. The last two months have been at the highest levels since 2022.
- Similar to gold, silver saw a big drop in inventory in 2022 and then steadied some in 2023.
By SchiffGold
The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more details on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.)....
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For further details see:
Comex Delivery Volumes Reach Highest Levels In Months