Wall St. Sees Steady To Higher Prices; Main St. Bullish

December 20, 2019

New York (Dec 20)  Wall Street looks for gold to edge higher or trade sideways during the normally quiet Christmas week, while Main Street remains bullish, according to the weekly Kitco News gold survey.

Seventeen market professionals took part in the Wall Street survey. There were nine votes, or 53%, for higher prices. Another seven voters, or 41%, were neutral or called for a sideways market. Just one voter, or 6%, said lower.

Meanwhile, 677 votes were cast in an online Main Street poll. A total of 383 voters, or 57%, looked for gold to rise in the next week. Another 156, or 23%, said lower, while 138, or 20%, were neutral.


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