{"id":20999,"date":"2016-07-19T16:49:52","date_gmt":"2016-07-19T23:49:52","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=20999"},"modified":"2016-08-09T16:57:54","modified_gmt":"2016-08-09T23:57:54","slug":"mark-bullion-update-101-14","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/mark-bullion-update-101-14\/","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>7.19.2016. Just as the market was about to close this past Friday, news broke out of a military coup in Turkey.\u00c2\u00a0 Gold immediately rallied $15 as geopolitical concerns over the NATO-member attracted bids to the safe haven allure of the yellow metal.\u00c2\u00a0 It became apparent fairly quickly over the weekend that the coup had failed though and the gold market opened on Sunday afternoon $6 lower than where it closed on Friday.\u00c2\u00a0 With US equities still showing strength and the coup in the rearview mirror, it has been a lackluster week thus far for gold and silver.\u00c2\u00a0 They have trended quietly lower with gold finding support in the low $1,320s while silver continues to consolidate around the $20 handle.\u00c2\u00a0 CFTC data at the end of last week showed that the gold net position fell by nearly 1.5 million ounces, the first reduction in positioning since the end of May.\u00c2\u00a0 The gold ETFs also shed about 125,000 toz as the risk-on sentiment in other markets took money away from the precious metals.<\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"\/world-gold\">Buy Gold\u00c2\u00a0Coins From Around The World<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>7.19.2016. Just as the market was about to close this past Friday, news broke out of a military coup in Turkey.\u00c2\u00a0 [&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":[1422,1406],"class_list":["post-20999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-gold-trading","tag-silver-trading"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20999","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=20999"}],"version-history":[{"count":4,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20999\/revisions"}],"predecessor-version":[{"id":21004,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/20999\/revisions\/21004"}],"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=20999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=20999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=20999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}