Spot Gold Prices for 3-26-2014

Spot Gold Prices for 3-26-2014

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: See you in the next Gold prices episode! Until
then, take care.

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