COMEX Registered Gold Inventory Drops to New Lows

IMG Auteur
Published : June 25th, 2013
136 words - Reading time : less than a minute
( 2 votes, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Market Analysis

Bullion offered as deliverable inventories at the COMEX has dropped to new lows.

As a reminder, tomorrow is option expiration for gold and silver.

This evening Harvey Organ notes that:
"Tonight, the Comex registered or dealer gold lowers in inventory to 1.359 million oz or 42.27 tonnes. This is still dangerously low. The total of all gold at the Comex rose sightly to 7.681 million oz or 238.9 tonnes of gold.

JPMorgan's customer inventory remains constant tonight at 141,197.86 oz or 4.39 tonnes. Its dealer inventory also remains constant at 408,709.033 oz but it still must settle upon contracts issued in the June delivery month which far exceeds its inventory.

The total of the three major gold bullion dealers (Scotia , HSBC and JPMorgan) in their  gold Comex dealer account registers only 27.76 tonnes of gold."



<< Previous article
Rate : Average note :5 (2 votes)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.