Wall Street leans slightly bearish and Main Street slightly bullish in the weekly Kitco News gold survey. Neither the bulls nor the bears had an outright majority in either survey, however. The Wall Street bulls figure gold is due for a corrective bounce higher, while the bears look for the downward momentum to continue due to technical-chart damage and recently stronger equities. Fifteen market professionals took part in the Wall Street survey. Six voters, or 40%, look for gold to continue its recent slide. Five voters, or 33%, called for higher prices, while the remaining four, or 27%,...

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The biggest voting blocs on Wall Street and Main Street look for gold prices to rise over the this week, according to the weekly Kitco News gold survey. Thirteen market professionals took part in the Wall Street survey. Seven participants, or 54%, described themselves as bullish for the this week. There were three voters each, or 23%, for both bearish and sideways. Meanwhile, 534 respondents...

œPatience has been the latest mantra for gold investors as the yellow metal has struggled to find momentum while the first quarter of 2019 comes to a close. Gold prices are looking to close in negative territory last week, ending a three-week winning streak. Despite a strong rally at the start of the new year, for the quarter, the yellow metal is eking out a modest gain, up 1.3%. June gold...

Once again the gold market is eking out a weekly gain as prices trade around the critical psychological level of $1,300 an ounce. However, according to some analyst, the market lacks a catalyst to push prices to last month's 10-month high. Although down from its highs, the market is still preparing to the week with most gains last week, with April gold futures last traded at $1,302 an ounce, up...

Wall Street and Main Street are slightly split on where gold is headed next week, according to the weekly Kitco News gold survey. The largest bloc of Wall Street voters called for lower prices, while Main Street remained bullish. Sixteen market professionals took part in the Wall Street survey. Seven participants, or 44%, described themselves as bearish for this week. There were five votes, or...

Wall Street and Main Street are unequivocally bullish on gold in the near term as the precious metal saw strong gains this past week, culminating in a 10-month high. Although prices are ending the week off their highs, many analysts have noted that gold held important initial support levels, a good indication that prices still have room to move higher in the near term. "I dont think this...

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