← Back to All Videos

A-Mark Bullion Update

Blog Mar 31, 2016

A-Mark-Precious-Metals-IncMarch 31, 2016. Gold closed today capping its best three month performance in over 25 years. The last time gold exhibited quarterly gains of more than 15% was Q3 of 1990! Financial turmoil across a variety of assets was the overarching theme this past quarter and the safe haven allure of gold proved to be an attractive calling to investors. USD weakness overnight allowed gold to extend gains up to $1,240 but quarter end mining sales sent gold lower during the US trading session. Resistance remains in the $1,240 – $1,245 range while support is at the double bottom of $1,223. Silver held support for the third day in a row at its 50 day moving average but ultimately failed to sustain gains over $15.50 once gold rolled over.

Thumbnail Photo We believe that everyone deserves a properly developed strategy for financial safety.

Lynette Zang

Chief Market Analyst, ITM Trading

Sources & References In This Article

    Similar Posts

    Blog Jan 9, 2020

    REAL OR FAKE GOLD, BIG VS SMALL BANK DEPOSITS… Q&A with Lynette Zang and Eric Griffin

    Learn More
    Blog Nov 28, 2018

    ENTERING THE MINEFIELD: Is Your Armor Ready? By Lynette Zang

    Learn More
    Blog Nov 27, 2018

    RECESSION to RESET: What Happens Next? Q&A with Lynette Zang and Eric Griffin

    Learn More
    Blog Nov 21, 2018

    A GLOBAL THREAT US & China Clash of the Titans

    Learn More
    Blog Nov 20, 2018

    PRECIOUS METALS STRATEGY: Get the MOST from Gold & Silver. Q&A with Lynette Zang and Eric Griffin

    Learn More
    Blog Nov 16, 2018

    IS THIS IT? Corporate Buybacks vs ETFs By Lynette Zang

    Learn More
    Blog Nov 14, 2018

    ETF-YOU: Will You Get Screwed? By Lynette Zang

    Learn More
    Blog Nov 13, 2018

    THE FUTURE OF GOLD: As Economic Patterns Shift. Q&A with Lynette Zang and Eric Griffin

    Learn More

    Not Sure What Works for You?

    Our team has over a century of combined experience in guiding our customers to the best products is for their wealth protection and preservation goals. Call us today.

    888-696-4653
    or schedule a call

    Schedule A Strategy Session

    Get Your Free Protection Guide

    Stay Informed

    Receive the latest updates regarding the economy.