by Harvey Organ, HarveyOrgan.Blogspot.ca:
Good evening Ladies and Gentlemen:
Gold closed up by $1.30 to $1398.40 (comex closing time). Silver rose by 6 cents to $22.46 (comex closing time)
In the access market at 5:00 pm, gold and silver finished trading at the following prices :
I am not going into the trading of gold and silver because you all know that it is manipulated throughout all time zones, so I will not waste your time.
At the Comex, the open interest in silver rose by 739 contracts to 145,734 contracts with silver’s fall in price on Tuesday by 32 cents. The silver OI is holding firm at elevated levels . The open interest on the entire gold comex contracts fell by 2909 contracts to 375,970 which is extremely low. There is no question that all of the weak speculators in gold have now departed. Only the strong remain. The number of ounces which is standing for gold in this June delivery month is 936,400 or 29.12 tonnes.The number of silver ounces, standing for delivery is represented by 620,000 oz. No doubt this level will climb as the June month proceeds.
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