Gold Daily And Silver Weekly Charts – The Bucket Shop

Gold and silver were rallying slightly most of the day, while stocks were trending lower.

When the dovish Fed minutes came out stocks managed to rally and the precious metals reversed for losses.

The pricing of the metals at The Bucket Shop is strikingly diverged from the physical markets.

No where is this more apparent in the delivery reports, in which only copper seems to be getting some action, and little else.

The domestic warehouses continue to bleed out bullion. In particular gold is held in size now only at Scotia Mocatta and HSBC.

Have a pleasant evening.

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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