Spot Gold Prices for 3-28-2014

Hello my name is Chuck Dougherty and this
is the Spot Gold Prices Daily Wrap-up. The Spot Gold prices for Friday the 28th of
March saw Gold prices opening at around $1,293.00. Gold prices did much better Friday after a
tough week for the gold bull’s seeing prices drop below $1300. In the early morning hours
prices spiked up but the gold bull’s fell just short of busting back through $1300 with
the day’s high of around $1,299.30. As is usually the case we saw a bounce after hitting
the resistance but support held in the mid morning hours at the low for the day of around
$1,287.20. Things did improve some from there and we ended the short trading day at around
$1,295.30 which resulted in a small gain in the price of gold of around $2.30. Some of the strength gold showed Friday was
because with lower prices you generally see an uptick in investors buying on the bounce
and usually an increase in physical buying as well. Thank you for watching this is Chuck Dougherty
and this was the Spot Gold Prices Daily Wrap-up for March 28th, 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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