Gold, Silver CME Delivery Update 3/5/12

• 216 delivery notices issued for silver for 3/6 delivery, with 187 stopped by The Morgue
• 25 delivery notices issued for gold for 3/6 delivery 
  
  Month to date delivery totals below:
  Silver Contracts Stopped Month to Date: 1,026 (5,130,000 ounces)
  
  Gold Contracts Stopped Month to Date: 485 (48,500 ounces)
  
  Out of the 216 silver notices given, JP Morgan stopped 187 contracts, or 935,000 ounces.
  JP Morgan also issued all 25, and stopped 9 of the gold delivery notices
  http://www.cmegroup.com/delivery_reports/MetalsIssuesAndStopsReport.pdf
  
  For those needing refresher on the COMEX technical jargon:
  
  
  

  Stop

  - 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). http://about.ag/futures.htm