{"id":20948,"date":"2016-07-12T16:39:33","date_gmt":"2016-07-12T23:39:33","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=20948"},"modified":"2016-07-15T09:59:32","modified_gmt":"2016-07-15T16:59:32","slug":"amark-bullion-update-2","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/amark-bullion-update-2\/","title":{"rendered":"A-Mark Bullion Update"},"content":{"rendered":"

\"A-Mark-Precious-Metals-Inc\"<\/a>7.12.2016. With the Dow Jones and the S&P challenging all times highs, gold is finally showing some vulnerability and has traded lower for the second day in a row.\u00c2\u00a0 This past Friday\u00e2\u20ac\u2122s strong US jobs number provided a sense of calm in the wake of Brexit and US equities have reacted accordingly.\u00c2\u00a0 Counter-intuitively, gold and silver also ran up on Friday even with the surprisingly good jobs figure.\u00c2\u00a0 They have since retreated but haven\u00e2\u20ac\u2122t officially broken down\u00e2\u20ac\u00a6 yet.\u00c2\u00a0 US 10-year yields rose to 1.508%, up from yesterday and from the low earlier this month of 1.321%.\u00c2\u00a0 The rise in yields indicates a shift in overall market sentiment and has contributed to the selling pressure on gold this week.\u00c2\u00a0 Silver has shown especially impressive resilience of late.\u00c2\u00a0 It not only rallied on Friday despite the non-farm employment figures, surging equities, and a rallying USD, but it also did so in the face of the CME raising margins (normally cause for weak longs liquidating positions).\u00c2\u00a0 With Comex length at all-time highs, it feels like the market is due for a correction lower\u00e2\u20ac\u00a6 but I don\u00e2\u20ac\u2122t know if anyone is brave enough to short this market though!\u00c2\u00a0 Near term support in gold is at $1,330 while $20 held perfectly as the low in silver today.<\/p>\n

Gold\u00c2\u00a0Is Easy To Buy Online<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

7.12.2016. With the Dow Jones and the S&P challenging all times highs, gold is finally showing some vulnerability and has traded […]<\/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":[27,1421,124,1387],"class_list":["post-20948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-american-economy","tag-gold-prices","tag-us-dollar","tag-silver-prices"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20948","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=20948"}],"version-history":[{"count":3,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20948\/revisions"}],"predecessor-version":[{"id":20951,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20948\/revisions\/20951"}],"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=20948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=20948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=20948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}