A worldwide slowdown in economic growth could lead to new rounds of stimulus from the various central banks and that has most participants in the weekly Kitco News Gold Survey forecasting higher prices for the yellow metal next week.
In the Kitco News Gold Survey, out of 33 participants, 22 responded this week. Of those 22 participants, 20 see prices up, while two see prices down, and zero are neutral. Market participants include bullion dealers, investment banks, futures traders, money managers and technical-chart analysts.
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