{"id":20484,"date":"2016-05-17T17:02:35","date_gmt":"2016-05-18T00:02:35","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=20484"},"modified":"2016-05-19T16:56:22","modified_gmt":"2016-05-19T23:56:22","slug":"mark-bullion-update-101-5","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/mark-bullion-update-101-5\/","title":{"rendered":"A-Mark Bullion Update"},"content":{"rendered":"<p><a href=\"https:\/\/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=\"https:\/\/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>5.17.2016 .US equities started off hot today but quickly reversed course after the release of US economic data and commentary from a Federal Reserve official.\u00c2\u00a0 Consumer prices jumped the most in more than three years as CPI m\/m came in at .40% versus economists\u00e2\u20ac\u2122 estimates of .30%.\u00c2\u00a0 The rise in consumer prices, an indication of inflation picking up towards the Fed\u00e2\u20ac\u2122s eventual goal of 2%, was largely attributed to gasoline prices surging the most in four years.\u00c2\u00a0 Atlanta Fed President Dennis Lockhart remarked that June \u00e2\u20ac\u0153certainly could be a meeting at which action could be taken\u00e2\u20ac\u009d in regards to a potential hike.\u00c2\u00a0 The Dow, already on tenuous footing, was unable to recover from jitters of a looming rate hike and closed near the lows of the day.\u00c2\u00a0 Gold traded choppily but ultimately finished in positive territory.\u00c2\u00a0 The upward trendline dating back to the beginning of the year still remains intact and support is coming in at $1,265.\u00c2\u00a0 More significant support is below there at the 50 day moving average of $1,250.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>5.17.2016 .US equities started off hot today but quickly reversed course after the release of US economic data and commentary 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":[27,53,1422,83],"class_list":["post-20484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-american-economy","tag-federal-reserve","tag-gold-trading","tag-inflation"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20484","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=20484"}],"version-history":[{"count":3,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20484\/revisions"}],"predecessor-version":[{"id":20488,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20484\/revisions\/20488"}],"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=20484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=20484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=20484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}