Loading page content
comex inventory · Gold
Warranted gold available for delivery against COMEX futures.
Latest
14,760,604
30 trading days
-21.9%
Percentile
69th
Observation date
2026-07-13
Caution context
Inventory contracting
Interpretation: Registered inventory contracting — deliverable float is smaller than recently. Registered does not mean guaranteed immediate demand. Inventory can move between registered and eligible.
COMEX Registered history inventory trend chart
Chart range uses verified stored history. Visualization and analysis: Grey Rabbit Markets. Data: COMEX / CME Group.
Metal meeting exchange standards and accompanied by a warrant, making it available for delivery against futures contracts under exchange rules.
Registered inventory is the deliverable float backing COMEX gold futures. Declines can signal tighter physical availability and delivery stress.
COMEX Eligible
Exchange-standard gold in approved vaults without a delivery warrant.
COMEX Total
Registered plus eligible COMEX warehouse gold when both readings are valid.
Open Interest
Outstanding COMEX gold futures contracts not yet closed or settled.
OI / Registered
Futures open interest relative to registered inventory (existing methodology).
Delivery Notices
Notices associated with futures delivery activity during the delivery process.
Registered metal carries a warrant for futures delivery. Eligible metal meets exchange standards but is not currently warranted. Metal can move between the two categories.
Open interest counts outstanding futures contracts. It reflects paper exposure, not physical holdings, and is not inherently bullish or bearish.
Holdings measure metal backing ETF shares. Monthly flows measure net changes in those holdings — they are related but not interchangeable.
Official-sector purchases provide sovereign demand context. Reported figures may lag and can be revised.