Wall Street and Main Street remain bullish in the weekly Kitco News gold survey. A number of analysts and traders cited an expectation that the U.S. dollar™s recent rally will stall, which would help gold due to the inverse relationship between the two. Others cited technical-chart strength in gold. Seventeen market professionals took part in the Wall Street survey. There were 13 votes, or 76%, calling for higher prices. There were two votes each, or 12%, for both lower and sideways. Meanwhile, 455 respondents took part in an online Main Street poll. A total of 244 voters, or 54%,...

Read more

RECENT NEWS

Wall Street and Main Street both remain bullish in the weekly Kitco News gold survey, in essence considering last week's pullback as a correction in a market that still is still in an uptrend. Fifteen market professionals took part in the Wall Street survey. There were 11 votes, or 73%, calling for higher prices. There were two votes each, or 13%, for both lower and sideways. Meanwhile, 467...

Wall Street and Main Street look for gold to keep climbing this week, according to the Kitco News gold survey. Many traders and analysts cited a dovish Federal Open Market Committee after a policy meeting this week, in which officials indicated they are pausing in the monetary-tightening cycle while awaiting more economic data. This tends to undermine the U.S. dollar, which helps gold. It also...

Gold may well benefit if the Federal Reserve does not hike interest rates this week but then could be hurt if the monthly jobs report is strong, says Commerzbank. A number of news events could impact markets this week, including another U.K. Parliament vote on the Brexit deal with the European Union, the bank says. œAs the current version presented by Prime Minister Theresa May hardly...

Gold will continue to shine as a safe-haven asset with prices pushing above $1,300 an ounce within the next three months, according to juggernaut investment firm Goldman Sachs. Thursday in a note to clients, Jeff Currie, global head of commodities research at the bank, said he was raising his gold price forecast for 2019 as growing recession fears continue to ripple through financial...

The gold bulls are back. After a year of seeing weak gold prices, investors and analysts alike have adopted renewed optimism for the new year. While sentiment in our Outlook 2019 series has been a mixed bag so far, there's no denying that some experts were dogmatically in the œbull camp. Here are the most bullish views we've aired in the series so far, and the rationales backing up these...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.