COMEX silver stocks up 222339.45 oz on Jul 23 from previous day

The COMEX silver inventory has increased by 222,339.45 ounces to a total of 498,207,098.7 ounces on July 23, 2025, compared to the previous day. In the most recent week, the inventory has grown by a cumulative total of 1,025,131.47 ounces, representing a 0.21% increase. Conversely, in the last month, the inventory has decreased by 182,587.64 ounces, which is a 0.04% decline. Historical data indicates that the inventory has reached a high of 504,719,463.15 ounces on July 25, 2022, and a low of 265,926,651.73 ounces on August 24, 2022. The average inventory value has been 320,892,888.62726064 ounces. The current inventory of 498,207,098.7 ounces is 35.59% higher than the average.

The COMEX silver inventory has seen a significant increase, rising by 222,339.45 ounces to a total of 498,207,098.7 ounces on July 23, 2025, compared to the previous day [1]. This marks a cumulative growth of 1,025,131.47 ounces over the most recent week, representing a 0.21% increase. However, over the past month, the inventory has decreased by 182,587.64 ounces, which is a 0.04% decline. Historically, the inventory has reached a high of 504,719,463.15 ounces on July 25, 2022, and a low of 265,926,651.73 ounces on August 24, 2022 [1].

The current inventory of 498,207,098.7 ounces is 35.59% higher than the average inventory value of 320,892,888.62726064 ounces [1]. This surge in inventory comes amidst market uncertainty, particularly in the precious metals sector. Silver prices have been volatile, with the metal experiencing a significant price surge recently. On July 23, 2025, silver prices in the national capital surged by Rs 4,000 to hit a record high of Rs 1,18,000 per kilogram [2]. The price surge is primarily driven by industrial demand and overall market sentiment.

The increase in COMEX silver inventory coincides with a broader trend of rising precious metal prices. Freeport-McMoRan Inc., a major producer of copper and gold, reported better-than-expected second-quarter results, driven by strong sales volumes and favorable pricing [3]. The company's results underscore the importance of precious metals in the current economic climate, where global uncertainty and geopolitical risks drive investor demand for safe-haven assets.

Investors and financial professionals should closely monitor the COMEX silver inventory and the broader market trends in precious metals. The recent surge in inventory and the volatile price movements highlight the need for a cautious approach to investing in this sector. As always, it is essential to stay informed about the latest market developments and adjust investment strategies accordingly.

References:

[1] https://www.morningstar.com/news/dow-jones/202507237741/comex-silver-settles-011-lower-at-39278-data-talk
[2] https://www.etnownews.com/personal-finance/precious-metals-on-fire-rs-1-lakh-gold-and-soaring-silver-whats-behind-the-price-surge-article-152332999
[3] https://www.benzinga.com/markets/earnings/25/07/46579173/freeport-mcmoran-copper-and-gold-volumes-shine-ceo-touts-china-india-as-major-demand-driver