Wall Street and Main Street look for gold prices to rise this week, according to the weekly Kitco News gold survey. Traders and analysts who make up the Wall Street poll continued to cite the mass liquidity being dumped into the global economy to offset damage from the COVID-19 pandemic. Also, they pointed to rising U.S.-China tensions that were helping gold pare some of last week™s losses on Friday. The Trump administration was already taking China to task over the pandemic, which hit China first. Then came news on Friday that Beijing has proposed imposing national security laws on Hong...

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Wall Street and Main Street alike remain bullish on gold prices for this week, according to the weekly Kitco News gold survey. Professional investors and traders cited the ongoing quantitative-easing efforts as a factor propping up gold as economic data remain soft. The latter was highlighted again last week as weekly U.S. jobless claims rose another 3 million and a Friday report showed that...

Wall Street and Main Street were both undeterred by last weeks pullback in gold, calling for the metal to rise this week, according to the weekly Kitco News gold survey. Wall Street is not as heavily bullish as a two week ago, when 80% of the respondents were bullish. However, the majority of the bears in this weeks survey say they actually remain constructive in the long term, but figure...

Strategi para pedagang emas tampaknya penurunan harga beli karena logam mulia bersiap-siap untuk menguji level tertinggi 2012, menurut analis. Lebih banyak data ekonomi yang buruk pekan lalu tampaknya tidak menakuti pasar terlalu banyak dan emas akhirnya naik lebih dari 2% pada minggu lalu, meskipun mengalami kerugian harian pada hari Jumat. Pada saat penulisan, Juni Comex emas berjangka...

Participants in the weekly Kitco gold-price survey look for the metal to maintain its upward momentum this week as central banks and governments keep rolling out measures to prop up an economy that is being battered by the COVID-19 pandemic. "The path of gold will be windy, but it's invariably higher as the costs of COVID-19 sink in," said Adam Button, managing director of ForexLive. The U.S....

Gold is expected to keep rising from the mid-March lows, based on the weekly Kitco gold-price survey. The expectation comes after the Federal Reserve recently launched open-ended quantitative easing and the U.S. quickly enacted a $2 trillion fiscal-stimulus effort in response to the COVID-19 pandemic and its impact on employment. Other countries are likewise taking action to prop up the global...

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