Comex: Delivery Volume Remains Elevated but Inventories are not Impacted - schiffgold.com
Source: schiffgold.com
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DW NOTE
Comex delivery volume runs hot while warehouse stocks hold steady — which means the metal is moving through the complex, not accumulating in it. That's the signature of a market where someone wants physical now, not paper later.
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
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