DEC 28/OFFSHORE CHINESE YUAN COMES CLOSE TO 7.00; FINISHES AT 6.9670/GOLD AND SILVER RISE AGAIN FOR THE 4TH STRAIGHT DAY/OBAMA SET TO PUT SANCTIONS ON RUSSIA FOR THEIR ‘ELECTION HACKING’/TURKEY C…

Gold at (1:30 am est) $1139.40 UP $2.10
silver at $15.99: UP 6 cents
Access market prices:
Gold: $1142.60
Silver: $16.02
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:
WEDNESDAY gold fix Shanghai
Shanghai morning fix Dec 28 (10:15 pm est last night): $ 1161.18
NY ACCESS PRICE: $1141.90 (AT THE EXACT SAME TIME)/premium $19.28
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Shanghai afternoon fix: 2: 15 am est (second fix/early morning):$ 1159.93
NY ACCESS PRICE: $1139.50 (AT THE EXACT SAME TIME/2:15 am)
HUGE SPREAD 2ND FIX TODAY!!: $16.73.78
China rejects NY pricing of gold as a fraud/arbitrage will now commence fully
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London Fix: Dec 28: 5:30 am est: $xxx.1139.75 (NY: same time: $1141.00 5:30AM)
London Second fix Dec 27: 10 am est: $1134.60 (NY same time: $1138.60 ??? 10 AM)

This post was published at Harvey Organ Blog on December 28, 2016.