Spot prices

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Thursday, March 27, 2014

The markets are moving lower this morning with AU, AG, PT, PD down .74%, .71%. 24%. and 2.06% respectively.

The markets are moving lower this morning with AU, AG, PT, PD down .74%, .71%. 24%. and 2.06% respectively. Gold broke below $1,300 based on expectations of rates rising sooner than expected and tensions calming in Ukraine. Next week’s NFP numbers will be scrutinized to give investors a better gauge of the outlook of the U.S. economy.  Initial Jobless Claims for the week ending 3/22 missed expectations of 325,000 with a reading of 311,000. GDP (QoQ) is at 2.6% vs. expectations of 2.7%.  The Platinum strike has been ongoing for ten weeks with no solution in sight. The mediator met with the union yesterday to discuss bringing the strike to an end.
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