The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical gold is actually exchanged between COMEX trading participants, and gold inventories maintained in COMEX vaults in New York are very low. This infographic from BullionStar.com guides you through some of these need to know features of COMEX gold trading.
New York is also storage location for nearly 6000 tonnes of central bank gold stored in the vaults beneath the New York Federal Reserve on behalf of customers such as the International Monetary Fund, the central Bank of Italy, Germany’s Bundesbank, and over 30 other countries. The infographic visually profiles these gold vaults and their operators. Finally, the infographic provides a snapshot of the US gold mining industry, centered in Nevada.
David Wallace is a search & social media marketer who lives in Ahwatukee Arizona with his lovely wife. Interests & hobbies include all things Disney, roller coasters, musicianship and Christianity.
