by Harvey Organ, Harvey Organ Blog:
IN SILVER THE COMEX OI ROSE BY A STRONG 2817 CONTRACTS FROM 154,491 UP TO 157,308, AND CLOSER TO OUR NEW RECORD OF 244,710, (FEB 25/2020. THE GAIN IN OI OCCURRED WITH OUR $0.86 GAIN IN SILVER PRICING AT THE COMEX. IT SEEMS THAT THE GAIN IN COMEX OI IS DUE TO CONSIDERABLE BANKER AND ALGO SHORT COVERING.. COUPLED AGAINST A STRONG EXCHANGE FOR PHYSICAL. WE ALSO HAD ZERO LONG LIQUIDATION, AND A VERY STRONG INITIAL STANDING IN SILVER OZ AT THE COMEX FOR OCT. WE HAD A STRONG NET GAIN IN OUR TWO EXCHANGES OF 4302 CONTRACTS (SEE CALCULATIONS BELOW).
GOLD:$1890.40 UP $6.80 The quote is London spot price
Silver:$23.39 DOWN $0.96 London spot price ( cash market)
your data…
Closing access prices: London spot
i)Gold : $1897.50 LONDON SPOT 4:30 pm
ii)SILVER: $24.17//LONDON SPOT 4:30 pm
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