[Presbyterian Reporter]

As of today there are 72,544 FEB 2026 futures contracts outstanding. (Open Interest)

https://www.cnbc.com/quotes/@GC.1

The First Notice Day for the FEB26 contract is Friday, January 20,2026.

Those folks who are short the FEB26 contract could get a notice to deliver 100 ounces of gold on Friday.

If those folks do not have 100 ounces of gold to deliver, they have to buy a FEB26 contract to cover their short position.

That is why gold is going up more than silver today.

[Presbyterian Reporter]

oops-—The First Notice Day for the FEB26 contract is Friday, January 30,2026.

[Mount Athos]

thanks

[jonrick46]