The gold market watch

Discussion in 'Gold' started by Pirocco, Oct 24, 2014.

  1. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,873
    Likes Received:
    153
    Trophy Points:
    63
    Location:
    EUSSR
    Now and then some more special event happens and these sometimes make clear what is not (or late) reported.
    Bullion bank JP Morgan's Comex gold depository, category 'Eligible', dropped 321,500 ounces on Activity Date 10/22/2014, which is near exactly 10 tonnes gold, which may suggest a single buyer/entity.
    This isn't an exceptional figure or so on the years-term (last year , it's just a bigger single day change.
    So if we now read a +10 tonnes gold somewhere around this day, both sides of the trade would be found.
    This topic is intended as a general one, so if some1 notices such gold market events somewhere, and reports it here, it could help drawing more complete stories.
     
  2. JB3

    JB3 Member

    Joined:
    Dec 24, 2013
    Messages:
    263
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    UK
    Well spotted, old chap.
     

Share This Page