2024-03-22 08:00:00 ET
Summary
- March is a minor delivery month in gold; delivery amount was middle of the pack, but there is more going on underneath the surface.
- Net new contracts have been driving higher delivery volumes for a lot of the recent months.
- Silver delivery has been climbing in recent months for major delivery periods. March had the highest delivery volume since September 2022.
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:
Is Someone About To Stress The COMEX