Gold prices could rise next week if metals traders continue to believe the Federal Reserve won’t attempt to taper off its bond-buying program anytime soon, the majority of participants in the weekly Kitco News Gold Survey said.
In the Kitco News Gold Survey, out of 36 participants, 27 responded this week. Of those 27 participants, 17 see prices up, while four see prices down and six see prices moving sideways or are neutral. Market participants include bullion dealers, investment banks, futures traders, money managers and technical-chart analysts.
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