COMEX Registered Silver Falls Back Down to 33 Million Ounces

December 8, 2022

 

We've witnessed a rather steady and consistent drain of silver out of the COMEX registered category since the silver squeeze weekend in February of last year.

And after seeing about 2 million ounces actually deposited into the registered category last week, which was one of the rare recent sizeable deposits, we saw that trend reversed again on Tuesday as metal was again taken out.

Which now leaves the registered silver category at just over 33 million ounces, down significantly from the 150 million ounces in registered back in February of 2021.

To find out more, as well as to see some of the other recent silver and #gold news and data, click to watch the video now!

Arcadia Economics

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Peru became the world’s largest producer of silver in 2012.

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