Live gold & silver news
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🚨 major event ⚠️ notable move — based on headline keywords, not our judgment.
Headlines from third-party sources; VaultPulse doesn't endorse them. Not financial advice. Full news page →
Gold-to-silver ratio (live)
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The ratio is how many ounces of silver equal the value of one ounce of gold (gold spot ÷ silver spot). Informational only — not financial advice or a prediction. Gold/silver ratio explained →
Paper to metals (live, from CME & US Treasury data)
Paper to gold
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Paper to silver
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The US holds no official silver reserve, so this compares the money supply to all silver held in COMEX vaults (registered + eligible): … (…).
Paper futures vs vault silver
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How it's calculated: Paper to gold = US M2 money supply ÷ (US gold reserve ounces × gold spot price). Implied gold price = M2 ÷ gold reserve ounces. Implied silver price = M2 ÷ total COMEX silver ounces (registered + eligible); paper to silver = implied silver price ÷ silver spot.
Sources
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Informational only, not financial advice or a price prediction. Paper to metal explained →
Spot vs M1 money calculator
How we calculate
Implied gold = backing% × M1 ÷ US gold reserve oz. Implied silver = backing% × M1 ÷ total COMEX silver oz (registered + eligible). Multiple = implied ÷ live spot.
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Hypothetical illustration, not a price prediction or financial advice. M1/M2 calculators →
Gold-to-silver ratio: AD 1 to today
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Historical figures for context only — not a prediction or financial advice. Medieval Europe is omitted because we have not found a single reliable sourced figure. Data: ratio_history.json.
COMEX warehouse stocks
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Physical tightness score
How the score is calculated
Score (0–100, higher = tighter) = average of two components:
- Inventory component = 100 − percentile of today's registered ounces within the recent daily history we hold (currently ~30 days for silver).
- Coverage component = 100 − min(100, total vault oz (registered + eligible) ÷ (futures open interest × contract size) × 100). Registered-only coverage is shown as a secondary line.
If a component's input is unavailable it is shown as pending and the score uses the remaining component only (marked "partial"). The short history window means the percentile is a recent-trend measure, not a long-term one.
Retail premiums over spot
| Product | Dealer | Price | Spot ref. | Premium |
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Gas tanks: registered stock vs. deliveries
Each tank is filled to COMEX registered ounces; the dark band is October month-to-date delivered ounces, same scale. Dates and sources on each card (CME Group data via aggregators). Not financial advice.
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What is force majeure?
Force majeure is a contract clause that lets a party delay or skip its obligations when extraordinary events outside its control happen, such as war, a natural disaster, or a government order. In a COMEX context, it could allow delays to physical delivery during a genuine emergency instead of counting as a breach. This is general information only. It is not a prediction that it will happen, and it is not financial advice. Force majeure explained →
Deliveries & notable moves
Plain-English feed of notable COMEX silver and gold delivery notices, issues/stops and big registered/eligible shifts, plus "gas tank" gauges of registered stock vs. month-to-date deliveries. Open the deliveries tracker →
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Sources: CFTC 8260-20 · DOJ (2023) · CFTC 8220-20 · CFTC 6709-13. Not financial advice.