Thursday, March 1, 2012

Gold, Silver CME Delivery Report

For the 2nd day of the March delivery month, we had 160 silver delivery notices issued, and 81 gold notices issued for delivery Friday
That's 800,000 ounces of silver, and 8,100 ounces of gold

Month to date numbers below

Silver Contracts Stopped Month to Date: 673 (3.365 million ounces)
Gold Contracts Stopped Month to Date: 416 (41,600 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).