{"id":22945,"date":"2017-05-09T15:37:24","date_gmt":"2017-05-09T22:37:24","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=22945"},"modified":"2017-05-23T16:42:15","modified_gmt":"2017-05-23T23:42:15","slug":"mark-bullion-update-15","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/mark-bullion-update-15\/","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=\"\" 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>5.9.2017 On Sunday night, the market\u00e2\u20ac\u2122s breathed a sigh of relief as Emmanuel Macron easily beat the right-wing populist and nationalist candidate Marine Le Pen in the French presidential election.\u00c2\u00a0 With Japan returning from Golden week to find much lower gold prices, gold received an initial bump up on Sunday evening trading.\u00c2\u00a0 The pop higher was short lived though as the Macron victory encouraged broader market selling.\u00c2\u00a0 Geopolitical tensions, in general, have subsided substantially in the last few weeks (especially with North Korea) and gold and silver have felt the pain of it as a consequence.\u00c2\u00a0 Gold is hovering around two month lows and looks poised to test psychological support at $1,200.\u00c2\u00a0 Since mid-April, silver has fallen over 13% and lost over $2.50.\u00c2\u00a0 CFTC data last week showed that speculative net length on the Comex was cut massively.\u00c2\u00a0 In one week\u00e2\u20ac\u2122s time, gross speculative longs fell by 86.5 million ounces to 645 million ounces and shorts increased by 21 million ounces to 212 million ounces, the highest level this year.\u00c2\u00a0 After losing so much ground so quickly, silver should find some support around the $16 handle.<\/p>\n<p>Shop for gold and silver online<br \/>\n<strong><a href=\"https:\/\/www.itmtrading.com\/buy-gold\">https:\/\/www.itmtrading.com\/buy-gold<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>5.9.2017 On Sunday night, the market\u00e2\u20ac\u2122s breathed a sigh of relief as Emmanuel Macron easily beat the right-wing populist and nationalist [&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":[1421,1422,1387,1406],"class_list":["post-22945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-gold-prices","tag-gold-trading","tag-silver-prices","tag-silver-trading"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/22945","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=22945"}],"version-history":[{"count":3,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/22945\/revisions"}],"predecessor-version":[{"id":22964,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/22945\/revisions\/22964"}],"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=22945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=22945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=22945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}