harveyorganblog.com / by harveyorgan / March 10, 2017
Gold: $1200.70 down $1.70
Silver: $16.88 down 11 cents
Closing access prices:
NOTICES FILINGS TODAY FOR MARCH CONTRACT MONTH: 2 NOTICE(S) FOR 200 OZ. TOTAL NOTICES SO FAR: 59 FOR 5900 OZ (0.1835 TONNES)
135 NOTICES FILED TODAY FOR 675,000 OZ/
Total number of notices filed so far this month: 2748 for 13,740,000
Let us have a look at the data for today
In silver, the total open interest FELL by ONLY 1874 contracts DOWN to 189,548 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. 0.948 BILLION TO BE EXACT or 135% of annual global silver production (ex Russia & ex China).
FOR THE NEW FRONT MARCH MONTH: THEY FILED: 135 NOTICE(S) FOR 675,000 OZ OF SILVER
In gold, the total comex gold FELL BY A TINY 1790 contracts WITH ANOTHER FALL IN THE PRICE GOLD ($6.10 with YESTERDAY’S TRADING) The total gold OI stands at 432,298 contracts.
we had 2 notice(s) filed upon for 200 oz of gold.
The post MARCH 10/JOBS REPORT IN THE USA SHOWED A BIGGER INCREASE THAN EXPECTED BUT EARNINGS WAS DOWN AND THAT PROPELLED GOLD AND SILVER FROM ITS NADIR: GOLD CLOSED DOWN $1.70 AND SILVER DOWN: 11 CENTS/THE OPEN INTEREST ON SILVER CONTINUES TO REMAIN STOIC AND WE WITNESS THAT IN THE COT REPORT/DAVID STOCKMAN TELLS US WHAT IS GOING TO HAPPEN ON THE 15TH OF MARCH AND BEYOND: FINAL DRAFT appeared first on Silver For The People.