Gold Market Sees Growing Bullish Sentiment
Kitco’s latest News Weekly Gold Survey has revealed increasing bullish sentiment regarding the gold market among retail investors. Following weeks of lackluster investor interest and drifting sentiment, Kitco suggests that retail investors are once again turning their attention to gold and other precious metals. Even though neither Main Street retail investors nor Wall Street analysts expect a major breakout in the gold market, retail investors are slightly more optimistic. Analysts, on the other hand, are more cautious about the gold market. RJO Futures senior market strategist Daniel Pavilonis says that although weak inflation data will keep supporting gold prices, there…