Last updated: January 21, 2026 • CME Group

COMEX Metals — Inventory

Advanced analytics for global warehouse inventory levels and supply-demand coverage metrics.

Gold

17.0x

Coverage Ratio

Silver

1.8x

Coverage Ratio

Aluminum

0.3x

Coverage Ratio

Platinum & Palladium

6.6x

Coverage Ratio

Supply Overview

LIVE REGISTERED INVENTORY VS AGGREGATE MONTHLY DEMAND

Demand Trends

HISTORICAL DELIVERY PERFORMANCE VS PROJECTED DEMAND

2025
2026

2025 Total

91,202

contracts delivered

Jan 2026

7,750

projected

YoY Change

+227%

vs Jan 2025