24 April 2015

50 Tonnes of Gold Withdrawn from Shanghai Gold Exchange in Latest Week

There were about 50 tonnes of gold bullion taken out of the Shanghai Gold Exchange in the latest week.

That is roughly 1,606,000 ounces in one week.

I include the gold inventories at the Comex warehouses below for the purposes of comparison.  The 'registered' category is what is available for sale at current prices.

These charts below are from the data wrangler Nick Laird at sharelynx.com.