Friday, March 2, 2012

Gold, Silver CME Delivery Update 3/2/12

  • 137 delivery notices issued for silver for 3/5 delivery
  • 44 delivery notices issued for gold for 3/5 delivery

    Silver Contracts Stopped Month to Date: 810 (4.05 million ounces)
    Gold Contracts Stopped Month to Date: 460 (46,000 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).