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Metals & Mining · monthly ban:none tA

SGE gold vault withdrawal volume

monthly tonnes of gold physically withdrawn from Shanghai Gold Exchange vaults

Feed detail
Measures
monthly tonnes of gold physically withdrawn from Shanghai Gold Exchange vaults
Source
SGE monthly withdrawal data, mirrored by World Gold Council / Nick Laird (goldchartsrus / sharelynx) or SGE's own site
Access
pdf
Cadence
monthlyupdates roughly monthly
Thesis
SGE withdrawals are the best public proxy for actual Chinese physical gold consumption, distinct from exchange trading volume
Maps to
gold spot, China demand
Crowdedness
contested
Tier
tA
Ban-risk
ban:none
Where this stands

This is a catalogued data feed with a research idea attached, not a validated edge. Being listed here means it has a specific source and a one-sentence causal mechanism mapped to what it should move — it doesn’t mean it has cleared the five-stage validation gate (point-in-time hygiene, out-of-sample holdout, multiple-testing correction, and the portfolio-layer backstop). As of today, every score on this site is prior-only; zero signals in the catalog have been promoted to “measured” status. See the methodology page for the full validation process and current counts.

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