{"id":18122,"date":"2015-04-21T16:34:34","date_gmt":"2015-04-21T23:34:34","guid":{"rendered":"http:\/\/www.itmtrading.com\/?p=18122"},"modified":"2015-04-24T09:45:59","modified_gmt":"2015-04-24T16:45:59","slug":"a-mark-bullion-update-26","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/a-mark-bullion-update-26\/","title":{"rendered":"A-Mark Bullion Update"},"content":{"rendered":"

\"A-Mark-Precious-Metals-Inc\"<\/a>These are boring times for the precious metals\u00e2\u20ac\u00a6 $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 the previous ten consecutive trading sessions.\u00c2\u00a0 Despite various big equity and currency moves as well as headlines concerning a Greek exit in recent weeks, gold just can\u00e2\u20ac\u2122t seem to break out of its range.\u00c2\u00a0 Yesterday, US equities rallied over 1% while the euro slid on commentary from the ECB Vice President that Greece may not have to leave the euro even if it defaults on its debt.\u00c2\u00a0 Gold dipped lower yesterday before finding support in the low $1,190s.\u00c2\u00a0 Gold also surprisingly shrugged off news of the People\u00e2\u20ac\u2122s Bank of China announcing a 100 basis point rate cut to the required reserve ratio.\u00c2\u00a0 It went from 19.50% to 18.50% and it was the biggest rate cut in more than six years.\u00c2\u00a0 Silver has fared more poorly than gold of late but has managed to find bids to tenuously tread water, for the most part, above $16 for the past two days.\u00c2\u00a0 The market has remained capped at the 50 day moving average recently and it seems like it still wants to test lower though.\u00c2\u00a0 If $16 decisively breaks, it should be a swift move to $15.50.<\/p>\n","protected":false},"excerpt":{"rendered":"

These are boring times for the precious metals\u00e2\u20ac\u00a6 $1,200 has acted as a magnet for gold over the past month and […]<\/p>\n","protected":false},"author":6,"featured_media":17083,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1207],"tags":[1422,1385,1405,1406],"class_list":["post-18122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-gold-trading","tag-djia","tag-greece","tag-silver-trading"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=18122"}],"version-history":[{"count":1,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18122\/revisions"}],"predecessor-version":[{"id":18123,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18122\/revisions\/18123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/17083"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=18122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=18122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=18122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}