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 economy and stabilize markets. "With all of the stimulus money, interest rates at zero, loss of jobs and multiple battles on the economic front, I can't see how gold is not higher this week," said...

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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...

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. dollars 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...

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...

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