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 | 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 increased from 202.3K to 210.3K
12 December
South Africa. Gold Production (YoY). The value of the indicator has decreased from 5.9% to -1.2%
11 December
United States. Interest Rate Projection - Current. The value of the indicator remained at the same level of 3.6%
10 December
United States. Interest Rate Projection - 2nd Yr. The value of the indicator remained at the same level of 3.1%
10 December
United States. Interest Rate Projection - 1st Yr. The value of the indicator remained at the same level of 3.4%
10 December
Top news
United States. Trade Balance. The value of the indicator has increased from $-59.3B to $-52.8B
11 December
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
11 December
United States. Fed Interest Rate Decision. The value of the indicator has decreased from 4% to 3.75%
10 December
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
10 December
Australia. RBA Interest Rate Decision. The value of the indicator remained at the same level of 3.6%
9 December
All news

Forecasts

Silver buy
Period: 22.12.2025 Expectation: 2400 pips
Silver set to continue its rally after taking little breather
FA Other Technical analysis Indicators Fundamental analysis
Today at 07:47 AM 1
Emily_Foster
AUDCAD sell
Period: 19.12.2025 Expectation: 550 pips
AUDCAD trapped in consolidation zone
FA Other Technical analysis TA Other Indicators Fundamental analysis
12 December 2025 51
Lyra_Moonwell1
GBPUSD buy
Period: 19.12.2025 Expectation: 600 pips
GBPUSD sees 1.345 level as next target
Indicators Hot news Chart analysis
12 December 2025 60
Tom_Kern
Brent buy
Period: 31.12.2025 Expectation: 75 pips
Accumulate Brent crude to cover price gaps
FA Other Chart analysis
12 December 2025 58
Bruce_Powers
Brent buy
Period: 19.12.2025 Expectation: 140 pips
Brent crude gains as oil supply surplus beats record in 2026
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
12 December 2025 27
Emily_Foster
ETHUSD buy
Period: 31.12.2025 Expectation: 26000 pips
Bright outlook for crypto market pushes ETHUSD higher
FA Other Chart analysis
12 December 2025 54
Bruce_Powers
Go to forecasts