Tip:
Highlight text to annotate it
X
Hello my name is Chuck Dougherty and this is the Spot Gold Prices Daily Wrap-up.
The Spot Gold prices for Wednesday the 26th of March saw Gold prices opening at around
$1,312.90.
As has been the new normal since last week after Yellen and the other Fed members have
been repeatedly pushing the notion that they will raise interest rates by early next year,
gold prices took another dip on Wednesday. That change in market sentiment that started
last week coupled with a better than expected durable goods report released on Wednesday
that was boosted by transportation and defense spending and you have another bad day for
gold bull's.
Gold started the day out decent in the early morning hours seeing the high of around $1,317.00.
But after the data was released it was all downhill for gold prices from there seeing
the low of around $1,302.10 in the mid afternoon hours. From there we ended the trading day
at around $1,304.80 and this resulted in another loss in the price of gold of around $8.10.
Thank you for watching this is Chuck Dougherty and this was the Spot Gold Prices Daily Wrap-up
for March 26th, 2014.
Please be sure you subscribe and don't forget to comment and like us as well.
If you need more information on precious metals be sure you visit our website: WhereToBuyPreciousMetals.org
See you in the next Gold prices episode! Until then, take care.