DJIA26359.29
LIVE272.95(1.05%)
NDX10580.31
LIVE-21.90(-0.21%)

Wall St. mixed on gold prices; Main St. remains bullish

Monday, 8 June 2020 15:42 WIB Gold Outlook Gold Corner

Wall Street is mixed on the direction of gold prices next week,  although Main Street remains bullish, according to the weekly Kitco News gold survey. The largest bloc of voters on Wall Street is bearish after Friday’s heavy sell-off in the wake of U.S. employment data. They cited continued strength in equities as a factor drawing potential buying away from gold, as well as a weaker technical-chart picture for the metal. Meanwhile, a little more than a third of the voters called for gold to bounce, particularly when considering all of the monetary stimulus from the Federal Reserve. Eight out of 17 Wall Street voters, or 47%, called for gold prices to weaken this week. Six voters, or...

Read more...

RECENT NEWS

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...

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...

Subcategories

Symbol

Last

High

Chg

Chg(%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SymbolLastChg 
RP998525
JPY99.2-0.01
EURUSD1.3066-0.0025
GPBUSD1.51090.0045

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.