Higher gold prices expected for next week —survey
Despite gold has lost more than a quarter of its value this year and looks certain to record its worst performance since 1981, 17 out of 34 gold dealers, investment banks, futures traders, money managers and technical-chart analysts predict gold prices head up next week.
The Kitco News Gold Survey results show 50% of the experts interviewed see gold moving slightly up next week to $1,230.
Short covering and the clearing of hedges may have triggered the modest gold rally, as the year-end draws near.
More News
Chile to cut 2025 copper price forecast, WSJ reports
The Chilean government will cut the estimated average price to $3.90 to $4 a pound from a current projection of $4.25.
April 06, 2025 | 10:49 am
Breakthrough Cu-Ta-Li alloy could transform aerospace, defense applications, researchers say
US Army Research Laboratory developed nanostructured copper alloy with exceptional thermal stability and mechanical strength.
April 04, 2025 | 04:17 pm
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments
Michael Cordell
Careful about the velocity of US Treasurys. The time is not here to call the bottom. Very soon, but be patient.