SHFE Gold Inventory
Physical gold stocks in SHFE-approved warehouses
About SHFE Gold Inventory
SHFE gold inventory represents physical gold bars stored in exchange-approved vaults. China is the world's largest gold consumer, driven by jewelry demand, investment, and central bank purchases. SHFE gold warehouse stocks provide visibility into the deliverable supply available for futures settlement on the exchange.
Frequently Asked Questions
- How is SHFE gold inventory measured?
- SHFE gold inventory is measured in kilograms, unlike COMEX which uses troy ounces. Gold is stored as bars meeting exchange specifications in SHFE-approved vaults.
- Why is SHFE gold inventory important?
- China is the world's largest gold consumer. SHFE gold stocks, combined with Shanghai Gold Exchange (SGE) data, provide insight into Chinese physical gold demand and supply conditions.
- How does SHFE gold differ from SGE gold?
- SHFE handles gold futures contracts while the Shanghai Gold Exchange (SGE) is the primary physical gold market. Both exchanges have their own warehouse systems, and traders monitor both for a complete picture of Chinese gold supply.