Economic data and U.S. dollar movements will continue to influence the gold market next week, but market watchers said they wouldn’t be surprised if the yellow metal remains within its established range.
August gold futures fell Friday, settling at $1,383 an ounce on the Comex division of the New York Mercantile Exchange, down 0.72% on the week. July silver slipped Friday, settling at $21.743 an ounce, down 2.25 % on the week.
In the Kitco News Gold Survey, out of 36 participants, 22 responded this week. Of those 22 participants, nine see prices up, while seven 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.
Read more...
QUANTUM BINARY SIGNALS
ReplyDeleteProfessional trading signals sent to your cell phone daily.
Follow our trades today & make up to 270% per day.