COMEX Silver Reserves Drop to 88.79 Million Ounces Amid Supply Tightness
Physical silver inventories at COMEX (commodity exchange operated by CME Group) decline by over three million ounces, highlighting potential market constraints.
Summary
No Summary provided as the original text is short
Terms & Concepts
COMEX: A commodities exchange operated by CME Group, where metals like gold and silver are traded.
Physical Silver Stock: The actual quantity of silver held in exchange-approved storage facilities, available for delivery in futures contracts.
CME Group: A global derivatives marketplace operating exchanges for futures and options trading, including COMEX.