870.16
M oz (Total)
~80.5% held by ETFs
344.32
M oz (Total)
Available for delivery
Stored / Private
10.50
M oz
14.70
M oz
Registered silver is available for delivery against COMEX futures contracts. Eligible silver meets exchange standards but is privately held and not immediately available for delivery. The registered-to-eligible ratio is a key indicator of physical silver availability in the market.
Free Float represents LBMA vault silver that is not encumbered by ETFs (like iShares SLV, Sprott PSLV) or other committed holdings. Approximately 80.5% of London vault silver is held by ETFs (per Feb 2026 LBMA report), leaving only ~19.5% as "free float" available for physical market transactions.
Historical Inventory Changes
Track vault inventory movements over time
- LBMA Free Float
- COMEX Registered
- SGE
- SHFE
1-Month Rate
0.90%
Low
Scarcity
3-Month
1.50%
1-Year
2.50%
As of Mar 13, 2026
The lease rate reflects the cost of borrowing physical silver in London. Higher rates indicate tighter physical supply and increased scarcity stress.
Total Available Inventory
273.49
M oz
Exchanges Tracked
4
major hubs
Demand Coverage
~83
days of global demand
Data Status
Live