{"id":21593,"date":"2016-10-13T16:40:19","date_gmt":"2016-10-13T23:40:19","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=21593"},"modified":"2016-10-28T14:11:47","modified_gmt":"2016-10-28T21:11:47","slug":"mark-bullion-update-101-24","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/mark-bullion-update-101-24\/","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>10\/11\/2016 Yesterday\u00e2\u20ac\u2122s Federal Open Market Committee minutes failed to provide any sparks in what has turned out be a boring week of trading for the precious metals. \u00c2\u00a0[<a href=\"\/buy-gold-and-silver-online\"><span style=\"text-decoration: underline;\">Buy precious metals online<\/span><\/a>]<\/p>\n<p>Commentary of note from the FOMC included the following: several officials said the decision to wait for a rate hike was a \u00e2\u20ac\u0153close call\u00e2\u20ac\u009d, some officials remain wary of important downside risks abroad, and there is a \u00e2\u20ac\u0153reasonable argument\u00e2\u20ac\u009d that a hike could be made.\u00c2\u00a0 So\u00e2\u20ac\u00a6 just like in all of the other recent meetings, vague terminology and conflicting ideology seem to be the main takeaway.\u00c2\u00a0 Gold didn\u00e2\u20ac\u2122t know what to make of the minutes and it showed by not reacting at all.\u00c2\u00a0 It traded in less than a $10 range yesterday (I can\u00e2\u20ac\u2122t remember the last time a Fed meeting happened with gold trading in such a small range) and it continues to consolidate.\u00c2\u00a0 Since arriving in this new price area, gold has yet to close below $1,250 while the 200 day moving average (currently at $1,263.70) has perfectly capped the market this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>10\/11\/2016 Yesterday\u00e2\u20ac\u2122s Federal Open Market Committee minutes failed to provide any sparks in what has turned out be a boring week [&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":[53,1421,1422,1555],"class_list":["post-21593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-federal-reserve","tag-gold-prices","tag-gold-trading","tag-fomc"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/21593","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=21593"}],"version-history":[{"count":5,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/21593\/revisions"}],"predecessor-version":[{"id":21600,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/21593\/revisions\/21600"}],"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=21593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=21593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=21593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}