HSBC delivered 94,500 ounces of gold bullion at 1228.70 from their house account to the market on Friday. I wonder if their house account includes their custodial activities.

In this case the biggest takers were the house accounts at Nova and JPM, and that big 'customer' at JPM who keeps standing for gold this month.

I just like to take the occasional note of these things.

Let's see if gold bottoms here for the short term and goes back up next week.