Silver Registered Inventory
123.20M oz
β³ At 5-day velocity: 57 days to zero
Net Movement Today
π» -978K oz
DRAIN
24h Change
(+0.38%)
7d Change
Withdrawn Today
1.62M oz
Eligible
310.18M oz
Stops (30d)
1,253 contracts
Today's Flow Breakdown
Warehouse Flows
Inventory Changes
Depository Watch
12 COMEX-approved silver vaults
| Vault | Registered | Eligible | Reg Ξ | Elig Ξ |
|---|---|---|---|---|
| JPMDrain | 15.90M oz | 164.31M oz | π» -127K oz | π» -1.33M oz |
| Brink's | 24.05M oz | 33.15M oz | πΊ +5K oz | π» -5K oz |
| CNT | 21.16M oz | 17.21M oz | πΊ +590K oz | πΊ +52K oz |
| Loomis | 4.18M oz | 33.42M oz | β | π» -101K oz |
| Asahi | 30.75M oz | 5.64M oz | β | β |
| HSBC | 3.75M oz | 22.53M oz | β | π» -25K oz |
| MTB | 11.36M oz | 14.14M oz | π» -5K oz | πΊ +5K oz |
| Delaware | 2.21M oz | 15.67M oz | β | π» -33K oz |
| StoneX | 7.78M oz | 207.1K oz | β | β |
| IDS | 635.2K oz | 3.28M oz | β | β |
| Malca-Amit | 1.42M oz | 606.9K oz | β | β |
| Malca-Amit Armored | 0 oz | 0 oz | β | β |
| Total | 123.20M oz | 310.18M oz | πΊ +463K oz | π» -1.44M oz |
Silver Inventory (6 Months)
Registered (deliverable) vs Eligible (stored) inventory in millions of troy oz
- Eligible
- Registered
Daily Delivery Ledger
Recent delivery activity showing who is taking physical metal
| Date | Issues | Stops | House Stops | Customer Stops | Qty Stopped | Approx Value |
|---|---|---|---|---|---|---|
| Jan 15 | 222 | 222 | β | β | 1.11M oz | $98.9M |
| Jan 14 | 509 | 509 | β | β | 2.54M oz | $226.8M |
| Jan 13 | 206 | 206 | β | β | 1.03M oz | $91.8M |
| Jan 12 | 146 | 146 | β | β | 730.0K oz | $65.0M |
| Jan 9 | 170 | 170 | β | β | 850.0K oz | $75.7M |
Frequently Asked Questions
Verified CME Group Sources
Our pipeline monitors CME Group's official reporting gateways every hour. We use content-hashing to detect updates and archive every version of these files for auditability.
β CME overwrites these static URLs daily; our system captures the unique state of each file as it's published.
β Inventory data typically updates after 6:00 PM ET on trading days.
Metals Commentary
Watch Austin & Matt discuss precious metals on YouTube
Understanding COMEX Deliveries
COMEX (Commodity Exchange) is where futures contracts for gold, silver, copper, and other metals are traded. Most contracts are settled in cash or rolled forward, but some buyers demand physical delivery of the actual metal.
Why Deliveries Matter
When buyers "stop" contracts for delivery, they're demanding real metal instead of paper profits. High delivery demand relative to warehouse inventory can indicate supply stress and potential price pressure.
The "Squeeze" Signal
Watch for declining registered inventory + elevated stops + bank (house) taking delivery. This combination suggests institutions are accumulating physical metal, potentially anticipating supply tightness.
Data sourced from CME Group delivery reports. This is not financial advice.