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Daily Vault Briefing

Jul 27, 2026

Today's standout: LME lead stocks, 100th percentile of 19-yr record.

The brief

Today's standout is LME lead stocks at 448,850 mt, 100th percentile of 19-yr record. Alongside it, SPR crude reads 311.4 MM bbl.

Down 1.6% on the week, down 8.5% over 30 days.

LME lead stocksas of Jul 24
448,850 mt
100th percentile of 19-yr record
-0.1% 1d+49.8% 30d
steady
100th pctl of 19-yr record

LME lead stocks: 448,850 mt as of Jul 24. 100th percentile of 19-yr record. Down 0.1% on the day, up 49.8% over 30 days.

SPR crudeas of Jul 17
311.4 MM bbl
lowest since Mar 1983
-1.6% 1wk-8.5% 30d
falling faster
1st pctl of 44-yr record

SPR crude: 311.4 MM bbl as of Jul 17. Lowest since Mar 1983. Down 1.6% on the week, down 8.5% over 30 days.

706,328 short tons
6-mo high
+0.3% 1d+7.7% 30d
steady
100th pctl of 6-mo record

COMEX copper stocks: 706,328 short tons as of Jul 23. 6-mo high. Up 0.3% on the day, up 7.7% over 30 days.

27.02M oz
6-mo low
+0.0% 1d-2.8% 30d
steady
2nd pctl of 6-mo record

COMEX total gold stocks: 27.02M oz as of Jul 23. 6-mo low. Little changed on the day, down 2.8% over 30 days.

14.76M oz
6-mo low
+0.1% 1d-1.7% 30d
steady
2nd pctl of 6-mo record

COMEX registered gold: 14.76M oz as of Jul 23. 6-mo low. Up 0.1% on the day, down 1.7% over 30 days.

29.1%
6-mo high
-0.3% 1d+7.4% 30d
95th pctl of 6-mo record

COMEX silver deliverable share: 29.1% as of Jul 23. 6-mo high. Down 0.3% on the day, up 7.4% over 30 days.

2,321.6 tonnes
highest in the 11-yr record
+0.3% 1mo+0.3% 30d
steady
100th pctl of 11-yr record

China gold reserves: 2,321.6 tonnes as of Apr 1. Highest in the 11-yr record. Up 0.3% on the day, up 0.3% over 30 days.

38.5%
+0.1% 1d-9.7% 30d
10th pctl of 6-mo record

COMEX gold coverage: 38.5% as of Jul 23. Sits at the 10th percentile of the 6-mo record. Up 0.1% on the day, down 9.7% 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 — Jul 27, 2026." https://thevaultreport.com/briefing/2026-07-27 (Accessed July 27, 2026).