Commodity Trade Mantra

Posts Tagged ‘Scotia Mocatta’

Paper Gold vs Physical Gold: Something Just Snapped At The Comex

If last month was shocking, then what the COMEX revealed yesterday was absolutely jaw-dropping. What was already a record dilution factor, with over 200 ounces of paper gold claims for every ounce of deliverable gold, just soared even more & following today’s 8% drop, there is now a unprecedented 228 ounces of paper claims for every ounce of deliverable registered gold.

2 Comex Gold Depositories: Registered Inventories Decline 25% In A Day

On Thursday, Brinks held 257,290 oz of gold & Scotia held 339.993 oz in their registered inventories. On Friday, when CME released an update on its Comex gold warehouse stocks, Brinks registered inventories declined 62,259 oz & Scotia Mocatta fell 87,849 oz. In a day, Brinks registered gold inventories fell 24% & Scotia Mocatta’s fell 26%.

Silver Eagle Sales Hit A New Record In March

Sales of the U.S. Mint Silver Eagle has reached 4,476,000 at the end of the week & even surpassed the amount sold last year by over one million. If Silver Eagle sales top 500,000 on the last reporting day, total sales in March could surpass 5 million and overtake January as the highest monthly amount.

follow us

markets snapshot


Market Quotes are powered by Investing.com India

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook