Weaker gold prices seen for next week

Kitco News

The gold market is expected to fall next week, with participants in the Kitco News Gold Survey basing their views on what action they think the Federal Reserve will take next week with its quantitative easing program.

In the Kitco News Gold Survey, out of 36 participants, 21 responded this week. Of those 21 participants, 10 see prices up, while 11 see prices down and one is neutral. Market participants include bullion dealers, investment banks, futures traders, money managers and technical-chart analysts.

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