30 December 2016

Precious Metal Deliveries For 2017 Begin Quietly - Big Drawdown in 'Registered For Delivery' Silver

Although the silver did not 'go anywhere,' the registered (for delivery) category of silver dropped by almost 8 million ounces in one day.

There are now about 28.4 million ounces registered for delivery on the exchange, which is low compared to recent levels approaching the 50 million level.