{"id":18345,"date":"2015-08-26T09:23:25","date_gmt":"2015-08-26T16:23:25","guid":{"rendered":"http:\/\/www.itmtrading.com\/?p=18345"},"modified":"2015-08-27T16:54:25","modified_gmt":"2015-08-27T23:54:25","slug":"a-mark-bullion-update-48","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/a-mark-bullion-update-48\/","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>What a week so far\u00e2\u20ac\u00a6 and it\u00e2\u20ac\u2122s only Tuesday!\u00c2\u00a0 The Shanghai Composite index started off the week down 8.50% and US equities followed suit with the Dow Jones having over 1,000 point range yesterday.\u00c2\u00a0 The Vix index, a measure of volatility, exploded to trade all the way in the 50s, a level it hadn\u00e2\u20ac\u2122t touched since the financial crisis of 2008.\u00c2\u00a0 The Dow Jones has now had six consecutive losing sessions and is down nearly 11% over that time period.\u00c2\u00a0 Overnight in China, the government tried to stem the selling pressure by cutting the benchmark interest rate by another 25 basis points.\u00c2\u00a0 While gold acted as a safe haven hedge last week, it succumbed to liquidation pressure over the past two days.\u00c2\u00a0 Platinum, palladium and silver, the more industrial precious metals, were hurt more by the rout in China than gold.\u00c2\u00a0 Near term support for gold and silver is coming in at $1,135 and $14.50, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What a week so far\u00e2\u20ac\u00a6 and it\u00e2\u20ac\u2122s only Tuesday!\u00c2\u00a0 The Shanghai Composite index started off the week down 8.50% and US [&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":[38,1421,1387],"class_list":["post-18345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-china","tag-gold-prices","tag-silver-prices"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18345","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=18345"}],"version-history":[{"count":1,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18345\/revisions"}],"predecessor-version":[{"id":18346,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18345\/revisions\/18346"}],"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=18345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=18345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=18345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}