Spot Gold Prices for 3-12-2014

Spot Gold Prices for 3-12-2014

Hello my name is Chuck Dougherty and this
is the Spot Gold Prices Daily Wrap-up. The Spot Gold prices for Wednesday the 12th
of March saw Gold prices opening at around $1,357.80. Wednesday the uptrend in gold continued being
fueled by the same factors as earlier in the week. The Ukraine and the first bond default
from a company in China with another supposed to be in the near future added to the weak
data coming out of China signalling a possible slowdown in their economy and you have the
main drivers in gold price right now. After a small dip to the low of around $1,355.50
in early morning trading it was pretty much all up for prices from there. Gold prices
hammered through the previous levels of resistance reaching a high price of around $1,373.00
in evening trading hours before we ended the trading day at around $1,372.00. This resulted
in another nice gain in the price of gold of around $14.20. Thank you for watching this is Chuck Dougherty
and this was the Spot Gold Prices Daily Wrap-up for March 12th, 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: See you in the next Gold prices episode! Until
then, take care.

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