JAN 9/GOLD AND SILVER RISE/ DESPITE THE RISE IN GOLD: 8.87 TONNES OF GOLD WITHDRAWN FROM GLD/ NO SILVER LEAVES SLV/CHINA CRACKDOWN ON BITCOIN/CHINESE FOREIGN EXCHANGES RESERVES FALL BELOW $3.0 TR…

Gold at (1:30 am est) $1183.50 UP $11.60
silver at $16.63: UP 17 cents
Access market prices:
Gold: $1181.20
Silver: $16.58
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:
MONDAY gold fix Shanghai
Shanghai morning fix Jan 9/17 (10:15 pm est last night): $ 1193.79
NY ACCESS PRICE: $1174.95 (AT THE EXACT SAME TIME)/premium $18.75
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Shanghai afternoon fix: 2: 15 am est (second fix/early morning):$ 1192.97
NY ACCESS PRICE: $1174.25 (AT THE EXACT SAME TIME/2:15 am)
HUGE SPREAD 2ND FIX TODAY!!: $18.72
China rejects NY pricing of gold as a fraud/arbitrage will now commence fully
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London Fix: Jan 9/2017: 5:30 am est: $.1176.100 (NY: same time: $1176.10 5:30AM)
London Second fix Jan 9.2017: 10 am est: $1178.50 (NY same time: $1178.50 (10 AM)

This post was published at Harvey Organ Blog on January 9, 2017.