{"id":18358,"date":"2015-09-01T16:04:40","date_gmt":"2015-09-01T23:04:40","guid":{"rendered":"http:\/\/www.itmtrading.com\/?p=18358"},"modified":"2015-09-08T15:58:21","modified_gmt":"2015-09-08T22:58:21","slug":"a-mark-bullion-update-50","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/a-mark-bullion-update-50\/","title":{"rendered":"A-Mark Bullion Update"},"content":{"rendered":"

\"A-Mark-Precious-Metals-Inc\"<\/a>The Dow is down 500 points.\u00c2\u00a0 The Vix index is up 11%.\u00c2\u00a0 Commodities, as a whole, are a sea of red with crude oil down nearly 10%.\u00c2\u00a0 Any feelings of comfort that the stock market recovery at the end of last week inspired have evaporated today.\u00c2\u00a0 Gold is bucking the trend of the commodities sell off today and has managed to catch some safe haven bids.\u00c2\u00a0 Palladium, a more industrial metal, has not been as lucky as gold and is down nearly 4% after encountering chunky offers at $600.<\/p>\n

US equities started the day with a heavy tone after another skid in Chinese bourses overnight.\u00c2\u00a0 Weak August US ISM Manufacturing data and commentary from Boston Fed President Eric Rosengren that the global slowdown may prompt a reduction in his growth outlook also weighed on equities.\u00c2\u00a0 Resistance for gold is coming in at the 100 day moving average (currently at $1,162), a level it failed at two days in a row a week ago.\u00c2\u00a0 Despite the big moves in nearly every other asset class, silver is surprisingly not doing too much.\u00c2\u00a0 It has traded in a small 25 cent range today and was lifted off support at $14.50 earlier in the session.\u00c2\u00a0 This remains short term support while resistance hangs overhead at $15.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Dow is down 500 points.\u00c2\u00a0 The Vix index is up 11%.\u00c2\u00a0 Commodities, as a whole, are a sea of red […]<\/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":[38,1421,1422,1385,1387],"class_list":["post-18358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-china","tag-gold-prices","tag-gold-trading","tag-djia","tag-silver-prices"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18358","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=18358"}],"version-history":[{"count":2,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18358\/revisions"}],"predecessor-version":[{"id":18360,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/18358\/revisions\/18360"}],"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=18358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=18358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=18358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}