24.11.2014 - Gold Prices Anticipated to Increase Next Week
Don’t call it a comeback. Participants in a recent survey believe gold prices are positioned to make a comeback next week as prices are expected to rise. Out of 36 participants, 14 see gold prices going up, while six see the precious metal to decline and three believe prices will remain unchanged, according to the Kitco News Gold Survey. Participants included bullion dealers, investment banks, future traders and technical chart analysts. On Friday, Comex December gold was up about $15 an ounce for the week as a stronger dollar and rising open interest in the futures market continue. Gold has finally reached the all-important $1,200 an ounce level.......................................Full Article: Source
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