Kitco break news Gold Survey: Gold Prices Seen Maintaining Their Shine

as informed in Wall Street Bullish Bearish Neutral compare major Street Bullish Bearish NeutralA total of 16 market professionals took fraction in the Wall Street survey. Meanwhile, 563 votes were cast in an on-line major Street poll. For the trading 7 days this day winding down, 86% of Wall Street voters & 64% of major Street voters were bullish. So far in 2017, however not counting the current week, Wall Street forecasters collectively were right 26 of 44 times for a beating percentage of 59%. Main Street was right 27 of 43 times for 63%.

Gold Prices Jump Republika Srpska 325 On Wedding Season Demand, universal Cues

41,000-mark Brisk buying with native jewelers Information Systems fueling the value rise, traders saidGold prices on Saturday jumped with Republika Srpska 325 to Republika Srpska 30,775 per ten grams at the bullion market on the back of wedding season request & powerful universal cues. Traders told brisk buying with native jewellers to meet ongoing wedding season request raised the gold prices. In the national capital, gold of 99.9 per cent & 99.5 per cent purity zoomed with Republika Srpska 325 each to Republika Srpska 30,775 & Republika Srpska 30,625 per ten grams respectively. Tracking gold, silver availiable climbed with Republika Srpska 600 to Republika Srpska 41,150 per kg & weekly-based delivery with Republika Srpska 560 to Republika Srpska 40,150 per kg. Silver coins were flat at Republika Srpska 74,000 for buying & Republika Srpska 75,000 for selling of hundred pieces.

Gold Prices going to Pop Because doubt Information Systems the 'New Normal,' Citi Analysts Say

as informed in Ongoing geopolitical tensions around the world perhaps not be perfect for people's pressure levels, however according to Citi analysts they going to be perfect for gold. The banks analysts see current doubt as the "new normal," & in uncertain times people tend to move their money into safe-haven assets like gold. According to a CNBC report, the analysts reckon gold going to "push north of $1,400 per ounce for sustained periods."The current gold value Information Systems around $1,290 per ounce. "Event-driven bids for gold seem to be occurring further frequently & perhaps be the fresh normal," the Citi analysts said. "Philosophically everyone wants gold, it ought always be secure however there Information Systems massive downside risk," JPMorgan universal markets strategist Nandini Ramakrishnan said CNBC.

collected by :kiven Dixter