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Unique split on Wall Street to keep investors guessing the gold price this week

Monday, 18 November 2019 11:02 WIB Gold Outlook Gold Corner

This week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices, while Main Street is still very bullish, according to the latest Kitco News gold price survey. It's been a messy week for gold prices as the metal was unable to break resistance at $1,475 an ounce but managed to remain well supported above $1,450 in light of higher U.S. equities and stronger U.S. dollar. Overall, prices are down around 0.14% on last week at the time of writing with December Comex gold futures last trading at $1,469.60, down 0.26% on the day. A total of 15 market professionals took part in Kitco's gold survey last week — representing the...

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