{"id":23142,"date":"2017-06-06T17:00:14","date_gmt":"2017-06-07T00:00:14","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=23142"},"modified":"2017-07-20T16:21:22","modified_gmt":"2017-07-20T23:21:22","slug":"mark-bullion-update-17","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/mark-bullion-update-17\/","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>On Friday, US non-farm job growth for the month of May came in much weaker than expected at 138,000 jobs added, widely missing the consensus of 181,000.\u00c2\u00a0 The USD sold off and gold, which had been stalling, closed out the week at five week highs.\u00c2\u00a0 The lackluster jobs data has made participants reassess the Fed\u00e2\u20ac\u2122s policy for the remainder of the year.\u00c2\u00a0 With the likelihood of a September rate hike easing, President Trump dealing with potential legal issues, and geopolitical tensions in the Middle East escalating in the form of a Saudi-led coalition cutting diplomatic ties with Qatar, gold has pressed higher yet again this week.\u00c2\u00a0 Gold is currently right around the highs of 2017 and near term resistance at $1,300 is the level to watch.\u00c2\u00a0 Despite weak fabricated coin and bar demand in the US, silver has pressed steadily higher over the past month.\u00c2\u00a0 Support is coming in at the 100 and 200 day moving averages around $17.55 and resistance is looming at $18.50.<\/p>\n<p>&nbsp;<\/p>\n<p>Shop for gold and silver online<br \/>\n<strong><a href=\"https:\/\/www.itmtrading.com\/buy-gold-and-silver-online\">https:\/\/www.itmtrading.com\/<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Friday, US non-farm job growth for the month of May came in much weaker than expected at 138,000 jobs added, [&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":[27,1421,1422,1387,1406],"class_list":["post-23142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-american-economy","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\/23142","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=23142"}],"version-history":[{"count":3,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/23142\/revisions"}],"predecessor-version":[{"id":23147,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/23142\/revisions\/23147"}],"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=23142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=23142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=23142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}