Spot Gold Prices for 3-20-2014

Hello my name is Chuck Dougherty and this
is the Spot Gold Prices Daily Wrap-up. The Spot Gold prices for Thursday the 20th
of March saw Gold prices opening at around $1,332.00. The sell off of gold finally leveled off on
Thursday after a few days straight of large drops in gold prices following the loss of
safe haven demand from the Ukraine mess coupled with the FOMC statements causing knee jerk
reactions in the market. After a short spike up in early morning hours
prices dropped to the low of around $1,322.50 before rebounding from there. We saw the high
price of around $1,335.60 in the late evening hours before we ended the trading day at around
$1,334.40. This resulted in a small gain in the price of gold of around $2.40. The gold bull’s so far have managed to show
strength and defend prices from going below $1320. It seems like we are back on the path
we were on before the Ukraine mess with gold prices making small to mid sized gains up
to the point we see profit taking and start the process over again. Thank you for watching this is Chuck Dougherty
and this was the Spot Gold Prices Daily Wrap-up for March 20th, 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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