{"id":18336,"date":"2015-08-14T08:35:11","date_gmt":"2015-08-14T15:35:11","guid":{"rendered":"http:\/\/www.itmtrading.com\/?p=18336"},"modified":"2015-08-19T11:08:10","modified_gmt":"2015-08-19T18:08:10","slug":"a-mark-bullion-update-46","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/a-mark-bullion-update-46\/","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>After five straight days of gains, gold finally took a breather today and sold off quietly as the market calmed from the recent currency episode in China.\u00c2\u00a0 Overnight, the People\u00e2\u20ac\u2122s Bank of China Assistant Governor said that there is no further need for Renminbi depreciation following their decision to adjust the CNY-USD fixing earlier this week.\u00c2\u00a0 With traders finally factoring in stabilization for the Chinese currency, volatility in the markets waned and gold\u00e2\u20ac\u2122s safe haven appeal lost some of its luster.\u00c2\u00a0 Strong retail sales figures in the US and a report from the World Gold Council citing gold demand dropped to a six year low in the second quarter didn\u00e2\u20ac\u2122t do any favors for the yellow metal either today.\u00c2\u00a0 Short term resistance seems to be entrenched at $1,130 while bids should materialize ahead of $1,110 on a move lower.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After five straight days of gains, gold finally took a breather today and sold off quietly as the market calmed from [&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":[38,124,323],"class_list":["post-18336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-china","tag-us-dollar","tag-gold-demand"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18336","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=18336"}],"version-history":[{"count":1,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18336\/revisions"}],"predecessor-version":[{"id":18337,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18336\/revisions\/18337"}],"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=18336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=18336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=18336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}