MARCH 27/GOLD BREAKS AWAY FROM RESISTANCE AT $1250 TO CLOSE AT $1255.40/ SILVER THE STAR OF THE SHOW ADVANCES 36 CENTS TO $18.08/GREECE CLAIMS THAT IT CAN NO LONGER RECEIVE ANY MIGRANTS BACK FROM…

Gold: $1255.40 UP $7.20
Silver: $18.08 UP 36 cents
Closing access prices:
Gold $1254.50
silver: $18.10!!!
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SHANGHAI GOLD FIX: FIRST FIX 10 15 PM EST (2:15 SHANGHAI LOCAL TIME)
SECOND FIX: 2:15 AM EST (6:15 SHANGHAI LOCAL TIME)
SHANGHAI FIRST GOLD FIX: 1268.38 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: 1256.50
PREMIUM FIRST FIX: $11.88
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SECOND SHANGHAI GOLD FIX: 1269.20
NY GOLD PRICE AT THE EXACT SAME TIME: 1257.40
Premium of Shanghai 2nd fix/NY:$11.80
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LONDON FIRST GOLD FIX: 5:30 am est 1256.90
NY PRICING AT THE EXACT SAME TIME: 1257.15
LONDON SECOND GOLD FIX 10 AM: 1257.55
NY PRICING AT THE EXACT SAME TIME. 1258.00
For comex gold:
MARCH/
NOTICES FILINGS TODAY FOR MARCH CONTRACT MONTH: 10 NOTICE(S) FOR 1000 OZ. TOTAL NOTICES SO FAR: 82 FOR 8200 OZ (0.2550 TONNES)
For silver:
For silver: MARCH
149 NOTICES FILED TODAY FOR 745,000 OZ/
Total number of notices filed so far this month: 3795 for 18,975,000 oz
We have now entered options expiry week so expect gold and silver to be subdued from today forward.
The comex options expiry is tomorrow, Tuesday March 28.
The OTC/LBMA options expiry is the morning of March 31.
Expect, extreme volatility. If China and Russia are ready, they will probably pick up much physical gold if the bankers whack hard.
Tomorrow I will report on the new OI figures which is the result of trading today. Expect the OI for gold to advance by about 20,000 contracts and silver by about 6,000 contracts.
Let us have a look at the data for today

This post was published at Harvey Organ Blog on March 27, 2017.