FSN: Gold Rises by $38.40 to $1461.80 / Silver Has Best Day in 15 Months By Rising $1.31 / Comex Gold Continues To Leave Comex Vaults
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Harvey Organ
Harvey Organ’s Daily Gold & Silver Report
Good evening Ladies and Gentlemen:
Gold closed up $38.40 to $1461.80 (comex closing time). Silver rose by $1.31 to $24.14 (comex closing time). This was the best showing for silver in 15 months.
In the access market at 5 pm gold and silver continue on in full force and rose :
gold: $1466.0
silver: $23.34
At the comex, the open interest in silver fell by a smallish 1,567 contracts to 157,403 contracts (short covering by the bankers) as it is still holding firm at elevated levels . The open interest on the gold contract fell by 3972 contracts to 411,102. The total amount of gold ounces standing for April rose slightly to 34.46 tonnes as silver remained relatively constant at 3,765,000 oz.
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2013-04-25 18:45:34
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