{"id":18233,"date":"2015-06-03T08:42:46","date_gmt":"2015-06-03T15:42:46","guid":{"rendered":"http:\/\/www.itmtrading.com\/?p=18233"},"modified":"2015-06-18T14:21:03","modified_gmt":"2015-06-18T21:21:03","slug":"a-mark-bullion-update-32","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/a-mark-bullion-update-32\/","title":{"rendered":"A-Mark Bullion Update"},"content":{"rendered":"<p><a href=\"http:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2014\/09\/A-Mark-Precious-Metals-Inc.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-17084 alignright\" src=\"http:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2014\/09\/A-Mark-Precious-Metals-Inc.jpg\" alt=\"A-Mark-Precious-Metals-Inc\" width=\"206\" height=\"71\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2014\/09\/A-Mark-Precious-Metals-Inc.jpg 206w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2014\/09\/A-Mark-Precious-Metals-Inc-60x20.jpg 60w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2014\/09\/A-Mark-Precious-Metals-Inc-135x46.jpg 135w\" sizes=\"auto, (max-width: 206px) 100vw, 206px\" \/><\/a>Greece is back in the headlines and there is optimism that Athens will accept a new proposal from creditors.\u00c2\u00a0\u00c2\u00a0 Eurozone inflation rose for the first time in six months while US factory orders unexpectedly fell in April.\u00c2\u00a0 The combination of these headlines has the euro up nearly 2% today, having moved solidly through previous resistance at 1.10.\u00c2\u00a0 Gold has had a disappointing reaction to the weaker USD today and is up a paltry $3.\u00c2\u00a0 After ultimately failing to hold above $1,200 yesterday, it feels like gold wants to test lower.<\/p>\n<p>Physical demand remains weak.\u00c2\u00a0 The SPDR gold ETF continues to shed ounces and holdings now hover right around lows last seen in January.\u00c2\u00a0 In Turkey, gold imports have slid to a 10-month low because of the price surge in the lira.\u00c2\u00a0 Coin demand in the US is bleak which is best exemplified by the US Mint removing an allocation cap to distributors on silver eagle orders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greece is back in the headlines and there is optimism that Athens will accept a new proposal from creditors.\u00c2\u00a0\u00c2\u00a0 Eurozone inflation [&hellip;]<\/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":[27,1422,124],"class_list":["post-18233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-american-economy","tag-gold-trading","tag-us-dollar"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18233","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=18233"}],"version-history":[{"count":1,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18233\/revisions"}],"predecessor-version":[{"id":18234,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18233\/revisions\/18234"}],"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=18233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=18233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=18233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}