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barclays
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Gold Rush on COMEX⁉️ Banks are urgently pulling physical metal! 🚀
There’s been some serious action on COMEX with 863 delivery notices for gold issued.
Barclays dumped 830 notices into the market, while BNP Paribas (652) and Wells Fargo (163) were the main buyers, closing their positions (Stopped).
Overall, delivery volumes soared to 28,791 contracts in June — that's nearly 2.9 million ounces of actual gold!
While retail is panicking, the 'smart money' is draining the exchange's warehouses, converting paper futures into real bars. The bears are trapped!
$XAU $XAUT $PAXG
#Gold #COMEX #Barclays
There’s been some serious action on COMEX with 863 delivery notices for gold issued.
Barclays dumped 830 notices into the market, while BNP Paribas (652) and Wells Fargo (163) were the main buyers, closing their positions (Stopped).
Overall, delivery volumes soared to 28,791 contracts in June — that's nearly 2.9 million ounces of actual gold!
While retail is panicking, the 'smart money' is draining the exchange's warehouses, converting paper futures into real bars. The bears are trapped!
$XAU $XAUT $PAXG
#Gold #COMEX #Barclays
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