DEC 1/HUGE SPREAD BETWEEN SHANGHAI GOLD FIXING AND NY PRICES MAINTAINS IT’S 20 DOLLAR PLUS PREMIUM/GOLD WHACKED AGAIN/COMEX GOLD OPEN INTEREST AT 401,000 AT ONE YR LOWS AND PROBABLY SIGNALS THE B…

Gold at (1:30 am est) $1166.90 DOWN $3.00
silver at $16.43: up 2 cents
Access market prices:
Gold: 1171.50
Silver: 16.52
THE DAILY GOLD FIX REPORT FROM SHANGHAI AND LONDON
The Shanghai fix is at 10:15 pm est last night and 2:15 am est early this morning
The fix for London is at 5:30 am est (first fix) and 10 am est (second fix)
Thus Shanghai’s second fix corresponds to 195 minutes before London’s first fix.
And now the fix recordings:
THURSDAY gold fix Shanghai
Shanghai morning fix Dec 1 (10:15 pm est last night): $ 1188.46
NY ACCESS PRICE: $1169.20 (AT THE EXACT SAME TIME)/premium $19.26
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Shanghai afternoon fix: 2: 15 am est (second fix/early morning):$ 1199.35
NY ACCESS PRICE: 1175.35 (AT THE EXACT SAME TIME/2:15 am)
HUGE SPREAD 2ND FIX TODAY!!: $24.00
China rejects NY pricing of gold as a fraud
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
London Fix: Dec 1: 5:30 am est: $1168.75 (NY: same time: $1168.15 5:30AM)
London Second fix Dec 1: 10 am est: $1161.85 (NY same time: $1162.00 10 AM)

This post was published at Harvey Organ Blog on December 1, 2016.