by Harvey Organ, Harvey Organ Blog:
GOLD UP $9.30 TO $1874.30//SILVER UP 15 CENTS TO $23.15//GOLD TONNAGE AT COMEX: 14.9 TONNES//SILVER OZ STANDING: 54.4 MILLION OZ//CORONAVIRUS UPDATE THE GLOBE//TURKEY IN SERIOUS FINANCIAL TROUBLE AS RESERVE CURRENCY PLUMMETS: THEY RAISE RATES TO STEM THE FALL IN THE LIRA//IN THE USA 870,000 NEW UNEMPLOYMENT BENEFIT CLAIMS//NO TALKS BETWEEN MNUCHIN AND PELOSI
GOLD:$1874.30 UP $9.30 The quote is London spot price
Silver:$23.15 UP $0.15 London spot price ( cash market)
Despite the fact that the comex expiry is tomorrow, both gold and silver held up quite well. The front month of October in gold refuses to contract in numbers. Gold tonnage at the comex continues to advance as well as silver.
In USA economic news, we still do not have any deal between Mnuchin and Pelosi and it is this deal that everybody is waiting for. Unemployment benefits both initial and continual rose again this past week
comex option expiry FRIDAY: Sept 25
LBMA/OTC options expiry: Sept 30
It is going to be an interesting week…
your data…
Closing access prices: London spot
i)Gold : $1868.70 LONDON SPOT 4:30 pm
ii)SILVER: $23.18//LONDON SPOT 4:30 pm
Read More @ HarveyOrganBlog.com