Silver Market Morning: Feb 15 2017 - Gold not moving except to adjust to exchange rates!

Shanghai was trading at 273.34 Yuan towards the close today. This equates to $1,238.40, but allowing for the different quality of gold being traded [.9999 fineness] and on today’s exchange rate, to align it with New York and London prices it equates to $1,233.41. LBMA price setting: The LBMA gold price was set today at $1,225.15 down from yesterday’s $1,229.65.