25 February 2014

Gold Daily and Silver Weekly Charts - Comex Option Expiration - Far From Any Road

There was very little movement in the Comex gold warehouses yesterday.

Gold was a little stronger than silver today, but both settled back close to evens at the close.

The option expiry was quiet, not unexpected for the less consequential March contract. We *might* get a gutcheck on the new longs if there was a significant amount of call options coming in the money.

Have a pleasant evening.