COMEX Palladium

As of April 28, 2026, COMEX Palladium registered inventory stands at 203.7K oz — stocks have increased 24.0% over the past 30 days. Track daily updates, delivery flows, and positioning data on The Vault Report.

What this means

COMEX palladium registered inventory is among the smallest of any exchange-traded metal. Palladium's dominant use in gasoline-engine catalytic converters ties its inventory story directly to automotive production cycles.

Inventory chart

View the 30-day chart with daily data points: COMEX Palladium inventory chart →

Live dashboard

The interactive COMEX dashboard shows registered and eligible inventory by warehouse, delivery flows, and Commitment of Traders positioning: Open COMEX dashboard →

Related metals

• Gold registered inventory →
• Silver registered inventory →
• Copper registered inventory →
• Platinum registered inventory →

Glossary

Registered inventory

Metal in COMEX-approved vaults that has been certified (warranted) for delivery against a futures contract. This is the headline deliverable number.

Eligible inventory

Metal meeting COMEX purity/bar standards stored in approved vaults but not yet warranted. Can be converted to registered with paperwork.

Delivery squeeze

When open interest (futures contracts outstanding) approaches or exceeds registered inventory, holders of longs can force physical delivery — driving sharp price spikes.

Stop/issue

A stop is taking delivery of metal; an issue is making delivery. The daily stop/issue report tracks who is delivering and receiving.