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Gold Prices To Stay Healthy Amid Continuing Virus Worries

Monday, 17 February 2020 15:49 WIB Gold Outlook Gold Corner

Voters in the weekly Kitco gold survey are bullish on the metal this week, citing gold's ability to hold up even when the dollar and equities strengthen, technical factors and ongoing worries about how the coronavirus could impact the global economy. Seventeen market professionals took part in the Wall Street survey. Eleven, or 65%, called for gold to rise. There was one vote, or 6%, saying gold would fall, and five, or 29%, calling for a sideways market. Meanwhile, 726 votes were cast in an online Main Street poll. A total of 472 voters, or 65%, looked for gold to rise in the this week. Another 148, or 20%, said lower, while 106, or 15%, were neutral. Richard Baker, editor of the...

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