January is not a "delivery month" for COMEX gold. However, open interest and "deliveries" have surged during the month, so this week let's take a minute to get on the same page as to what this all indicates. Let's start with that front/delivery month calendar. These are the months where the trading volume can be found. When one month "expires", the speculative trading action moves forward to the next month. Below are the months considered "delivery months" for COMEX gold: • February • April • June • August • October (sort of) • December Here in late January, the trading activity and volume is rolling out of ... (full story)