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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Weaker Prices Forecast For Gold Market — Survey Participants

Posted on 25 August 2014

A majority of participants in the weekly Kitco News Gold Survey expect gold prices will continue to soften as improving U.S. economic news and the Federal Reserve making broader hints about raising interest rates next year may weigh on values.
Out of 37 participants, 23 responded this week. Of those, eight see higher prices, 12 see lower prices and three see prices trading sideways or are neutral. Market participants include bullion dealers, investment banks, futures traders and technical-chart analysts………………………………………..Full Article: Source


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