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A-Mark Bullion Update

Greek Prime Minister Alexis Tsipras accepted new proposals from creditors including stipulations for a EUR 50 billion sale of Greek assets and acceptance of a high level of domestic economic supervision by bailout monitors. The euro and gold immediately traded…

A-Mark Bullion Update

With fears surrounding the Greek crisis at center stage this morning, the USD staged a rally against the euro as precious metals sank. Silver dropped over $1.00 (7%), platinum fell to a level it hadn’t seen in six years, and…

A-Mark Bullion Update

Yesterday, US home sales for the month of May came in better than expected and rose by 5.1% to 5.35 million units, the best figure since 2010.  Gold had already failed two days in a row at its 200 day…

A-Mark Bullion Update

These are boring times for the precious metals… $1,200 has acted as a magnet for gold over the past month and the yellow metal has touched and traded on either side of the $1,200 handle in a tight range for…

A-Mark Bullion Update

The precious metals were looking weak for the majority of the trading session yesterday and then the FOMC minutes prompted a reversal of course. The Federal Open Market Committee January minutes implied that a majority of members are still of…

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