Comex Gold delivery intent data just dropped - Feb 11 update 📊

Here‘s who’s moving physical metal for the Feb 12 delivery round:

🥇 House (H) - Making Delivery:

• Wells Fargo: 170 contracts

• BMO Capital: 53

• BNP Paribas: 5

• JP Morgan: 6 (also stopping 28)

🥈 **Customer (C) - Taking Delivery:**

• JP Morgan: 28 contracts

• BNP Paribas: 40

• HSBC: 2

• Marex: 1

• Morgan Stanley: 1

• ADM: 1

**Total issued/stopped: 176 contracts

**Month-to-date: 33,959 contracts

💡 Quick context:

- "Issued" = Long initiating delivery (selling physical)

- "Stopped" = Long accepting delivery (buying physical)

- House = Firm’s own account

- Customer = Client positions

Banks still dominant, but retail/ADM showing up on the stopping side. 33.9k MTD is hefty - physical demand staying bid.

Thoughts on where spot goes from here? 👇

#ComexGold #GoldDelivery

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