GOLD: $1246.40 UP $0.10
Silver: $16.58 UP 2 cent(s)
Closing access prices:
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: $1253.94 DOLLARS PER OZ
NY PRICE OF GOLD AT EXACT SAME TIME: $1243.80
PREMIUM FIRST FIX: $10.03
SECOND SHANGHAI GOLD FIX: $1262.15
NY GOLD PRICE AT THE EXACT SAME TIME: $1250.00
Premium of Shanghai 2nd fix/NY:$12.15
LONDON FIRST GOLD FIX: 5:30 am est $1240.85
NY PRICING AT THE EXACT SAME TIME: $1241.85
LONDON SECOND GOLD FIX 10 AM: $1245.25
NY PRICING AT THE EXACT SAME TIME. $1244.25
For comex gold:
NOTICES FILINGS TODAY FOR APRIL CONTRACT MONTH: 77 NOTICE(S) FOR 7700 OZ.
TOTAL NOTICES SO FAR: 2850 FOR 285,000 OZ (8.8646 TONNES)
2 NOTICES FILED TODAY FOR
Total number of notices filed so far this month: 993 for 4,915,000 oz
We have now officially entered options expiry week:
comex options expiry : Tuesday June 27 finished tonight
London options expiry: Friday June 30
first day notice Friday June 30
The big news is the fact that the mainstream media are commenting on the unusual trading of gold and silver.
Also the IMF stated that the dollar is overvalued by 20% and that their growth is quite anemic. This should be the catalyst to explode the price of gold and silver.
Let us have a look at the data for today
In silver, the total open interest SURPRISINGLY FELL BY ONLY 1479 contract(s) DOWN to 203,137 DESPITE THE RAID AND THE FALL IN PRICE OF SILVER THAT TOOK PLACE WITH YESTERDAY’S TRADING (DOWN 7 CENT(S). In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.0150 BILLION TO BE EXACT or 145% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MAY MONTH/ THEY FILED: 2 NOTICE(S) FOR 10,000 OZ OF SILVER
In gold, the total comex gold SURPRISINGLY ROSE BY 214 CONTRACTS DESPITE THE RAID IN THE PRICE OF GOLD ($9.90 with YESTERDAY’S TRADING). The total gold OI stands at 450,301 contracts.
we had 77 notice(s) filed upon for 7,700 oz of gold.
With respect to our two criminal funds, the GLD and the SLV:
We had a big change in tonnes of gold at the GLD: a withdrawal of 2.64 tonnes from the GLD
Inventory rests tonight: 853.66 tonnes
Today: no change in silver inventory at the SLV:
THE SLV Inventory rests at: 339.888 million oz
This post was published at Harvey Organ Blog on June 27, 2017.