📢 BREAKING: Major Signal of Physical Gold Delivery on COMEX! 🥇
The U.S. futures exchange COMEX has issued 27,659 gold delivery notices so far during June 2026.
📌 Key Figures:
🔹 JPMorgan issued 1,105 delivery notices.
🔹 BNP Paribas stopped (received) 1,600 contracts.
🔹 Wells Fargo stopped 481 contracts.
🔹 Deutsche Bank stopped 104 contracts.
💰 One COMEX gold contract = 100 troy ounces
This means:
✅ 27,659 contracts = approximately 2.76 million ounces of physical gold.
This volume suggests that major institutions and global banks remain highly active in the physical gold market, highlighting gold's long-term importance as a strategic asset.
⚠️ However, the claim circulating on social media that:
"JPMorgan is buying the 200-Day Moving Average"
has not been officially confirmed by any COMEX report or by the bank itself. Delivery reports only show who delivered or received contracts—they do not reveal the underlying investment strategy.
📈 If demand for physical gold continues at this pace, it could provide further support for gold prices over the medium and long term.
KIFM
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