Gold options, which are also traded on Comex, are similar to gold futures contracts, with one critical difference. Holding a gold option, or any option, gives the holder the right to buy a specific amount of gold at a specific price before the end of a certain amount of time, but it ...
Gold futures trading is conducted for delivery during the current calendar month; the next two calendar months; any February, April, August, and October falling within a 23-month period; and any June and December falling within a 60-month period beginning with the current month. Minimum Price ...
At the current level of open interest (1542), delivery volume would exceed April but still be the second-lowest over the last 18 months. Figure: 7 Historical Deliveries Gold: Recent Delivery Month While silver momentum slows, albeit, against suspicious activity, gold is a different sto...
The major months were showing strength and then lost momentum in May. The current open interest volume suggests delivery could be low again in July. Watching mid-month deliveries for June could be an early indication. Figure: 17 Historical Deliveries Despite the weakening in open interest, silver...
When this happens, it will be recalled in the same manner that Hemingway once described bankruptcy—the current pricing scheme will fail "gradually and then suddenly". Those who continue to plan for this inevitable event will find themselves rewarded and, most importantly, protected when it ...
Indeed, when it comes to COMEX gold, a veritable cottage industry of websites and commentators makes its bread and butter commentating on COMEX gold price gyrations and the scraps of news connected to the COMEX. The reason for the commentators’ COMEX fixation is admittedly because that’s ...
you might expect a correlation between the price of COMEX gold and the share price of the GDX. And, as you can see below, there is some correlation. However, mining company investors are always asking me a variant of the same question. Namely, how can the gold price be near its all-...
Both of these contracts are listed on the COMEX. On the Chinese side, the SGE has launched a T + N (margin) 100 gram contract denominated in renmimbi (RMB) that’s based on the CME’s COMEX Gold Futures Asia Spot Price. The SGE calls this the NYAuTN contract....
Silver Futures:Trading is conducted for delivery during the current calendar month, the next two calendar months, any January, March, May, and September thereafter falling within a 23-month period, and any July and December falling within a 60-month period beginning with the current month. ...
Demand for physical delivery through the COMEX futures market continues, and this has significant implications for the future of the current fractional reserve and digital derivative pricing scheme. It's now mid-summer and the July COMEX contracts have moved into their delivery phase. The numbers ar...