Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
1 April 2025 | Gold

COMEX gold stocks set new record amid Donald Trump's import tariffs

Gold/Euro
Gold/Silver Ratio
Gold
COMEX gold stocks set new record amid Donald Trump's import tariffs

Reuters reports COMEX gold inventories have surged to a record 43.3 million troy ounces ($135 billion at current prices) as markets brace for potential import tariffs that could restrict bullion flows to the US. In November 2024 warehouse stocks stood at just 17.1 million ounces.

Between December and March, COMEX received 25.4 million ounces of gold valued at $79 billion. The threat of US import tariffs has widened the premium between COMEX and London Metal Exchange (LME) gold prices.

Saxo Bank analysts suggest gold markets could see a modest trend reversal if the metal avoids US restrictions. Under this scenario, some bullion might flow back to LME warehouses.

Elizaveta Kuzmicheva MarketCheese

Recommended

United States. CFTC Gold speculative net positions. The value of the indicator has decreased from 205.4K to 165.6K
Today at 8:30 PM
United States. CFTC Gold speculative net positions. The value of the indicator has decreased from 244.8K to 205.4K
30 January
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
28 January
United States. CFTC Gold speculative net positions. The value of the indicator has decreased from 251.2K to 244.8K
23 January
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 48.4K to 47.8K
Today at 8:30 PM
Top news
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
Yesterday at 1:15 PM
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
Yesterday at 1:15 PM
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
Yesterday at 12:01 PM
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.1% to -0.5%
Yesterday at 10:00 AM
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to -0.5%
4 February
All news

Forecasts

GBPUSD sell
Period: 13.02.2026 Expectation: 1500 pips
GBPUSD temporarily recovers following BoE rate decision
Technical analysis FA Other TA Other Indicators Fundamental analysis
Today at 10:57 AM 15
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
ETHUSD buy
Period: 31.07.2026 Expectation: 1000 pips
Buying ETHUSD on major dip
TA Other
Today at 09:54 AM 15
Bruce_Powers
Silver buy
Period: 31.05.2026 Expectation: 30000 pips
Investing in silver for medium term
FA Other Chart analysis
Today at 09:53 AM 14
McCarthy_Raymond
Brent sell
Period: 13.02.2026 Expectation: 210 pips
Brent crude stabilizes as geopolitical premium fades away
Technical analysis FA Other Hot news Indicators Fundamental analysis
Today at 07:29 AM 13
Emily_Foster
ETHUSD sell
Period: 12.02.2026 Expectation: 25000 pips
Selling ETHUSD when it bounces up to $2,250 resistance
Technical analysis FA Other TA Other Indicators Fundamental analysis
Yesterday at 10:34 AM 25
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
S&P 500 buy
Period: 31.03.2026 Expectation: 220 pips
Buy SPX starting from $6,820
FA Other Chart analysis
Yesterday at 10:25 AM 29
McCarthy_Raymond
Go to forecasts