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Daily Vault Briefing

Jun 16, 2026

The physical read today is a drawdown story across crude and platinum, with COMEX gold cover building and LME lead the lone stock-builder.

SPR crudeas of Jun 5
349.2 MM bbl
lowest since Aug 2023
-2.2% 1wk-11.1% 30d
3rd pctl of 44-yr record

SPR crude sits at 349.2 MM bbl as of Jun 5, the lowest since Aug 2023. Down 2.2% on the week and 11.1% over 30 days.

¥24,592/g
99th percentile of 37-yr record
+0.3% 1d-5.9% 30d
99th pctl of 37-yr record

Tokyo retail gold from Tanaka prints ¥24,592/g as of Jun 16, the 99th percentile of a 37-year record. Up 0.3% on the day but down 5.9% over 30 days.

Cushing crudeas of Jun 5
21.6 MM bbl
-3.6% 1wk-25.7% 30d
17th pctl of 22-yr record

Cushing crude is down to 21.6 MM bbl, the 17th percentile of the 22-year record. Off 3.6% on the week and 25.7% over 30 days.

426.5 MM bbl
-1.7% 1wk-6.7% 30d
81st pctl of 44-yr record

US commercial crude holds 426.5 MM bbl, still the 81st percentile of the 44-year record. Down 1.7% on the week and 6.7% over 30 days.

212K oz
lowest in the 5-mo record
-5.4% 1d-6.1% 30d
1st pctl of 5-mo record

COMEX registered platinum fell to 212K oz as of Jun 12, the lowest in the 5-month record. Down 5.4% on the day and 6.1% over 30 days.

LME lead stocksas of Jun 15
304,850 mt
91st percentile of 18-yr record
-0.3% 1d+15.0% 30d
91st pctl of 18-yr record

LME lead stocks stand at 304,850 mt, the 91st percentile of an 18-year record. Off 0.3% on the day but up 15.0% over 30 days.

46.4%
95th percentile of 5-mo record
+0.0% 1d+10.5% 30d
95th pctl of 5-mo record

COMEX gold coverage reads 46.4% as of Jun 12, the 95th percentile of the 5-month record. Little changed on the day and up 10.5% over 30 days.

319,500 mt
lowest since Sep 2022
-0.1% 1d-7.1% 30d
1st pctl of 18-yr record

LME aluminum stocks sit at 319,500 mt, the lowest since Sep 2022. Down 0.1% on the day and 7.1% over 30 days.

Sources: CME Group COMEX warehouse reports, LME warehouse data, EIA Weekly Petroleum Status Report, ETF issuer filings, and venue price quotes. Every figure is computed straight from the stored source data; percentiles rank today's level against the series' full record.

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Cite this page

The Vault Report. "Daily Vault Briefing — Jun 16, 2026." https://thevaultreport.com/briefing/2026-06-16 (Accessed July 8, 2026).