Wednesday, March 7, 2012

Gold, Silver CME Delivery Notice Update 3/7/12

  • 125 delivery notices issued for gold for 3/8/12, with all 125 issued by JPM, and 59 stopped by JPM
  • 1 delivery notice issued for silver for 3/8/12, issued by RJ Obrien and stopped by JPM

    Month to date delivery totals below:
    Silver Contracts Stopped Month to Date:
    1,132 (5,660,000 ounces)
    Gold Contracts Stopped Month to Date: 615 (61,500 ounces)

    For those needing refresher on the COMEX technical jargon:

    - A term indicating that a delivery notice was given to the buyer. In delivery reports, COMEX shows both how many Delivery Notices were 'issued' (the short notifying that they would be delivered) and 'stopped' (the long receiving the delivery notice).