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🥇 COMEX recorded a booming gold delivery day on $XAU June, with over 2.36 million ounces of gold demanded for immediate delivery on the first session
The COMEX gold market just witnessed one of its most lively First Notice Days recently as the number of gold contracts issued surged.
📊 Key figures:
• 23,620 gold contracts issued for delivery on the first day
• Equivalent to about 2.362 million ounces of gold
• Standard Chartered House Account issued: 8,601 contracts
• JP Morgan issued: 7,125 contracts
• Morgan Stanley issued: 1,456 contracts
• RBC issued: 1,261 contracts
👀 On the receiving end:
• Deutsche Bank House Account received 9,249 contracts
• JP Morgan received 5,269 contracts
• Wells Fargo House Account received 2,522 contracts
• BMO House Account received 2,404 contracts
🔥 Notably, the gold delivery volume on the first day reached 23,620 contracts, indicating that the demand for physical gold remains very high despite recent fluctuations in global gold prices.
⚠️ A delivery scale of over 2.3 million ounces of gold in a single session is closely monitored by investors, as it is an important indicator of the physical gold ownership demand from major financial institutions.
#WinGoldBarsWithGrowthPoints