JP Morgan experiences largest one day withdrawal of gold ever
Adam Pike, News Editor
27 Jan 2014, 1:40 p.m.
JP Morgan experienced its largest one-day withdrawal of gold from its eligible inventories on Friday with the amount held dropping from 1,459,027 ounces to 1,1357,527 ounces. Scotia Mocatta also saw a significant reduction in their investories with 32,150 ounces withdrawn. At present there are only 357,139 ounces of gold in the Registered inventories at the Comex.