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Survey: Experts maintain a wait-and-see attitude towards gold, while retail investors continue to be bullish.
On July 4, Jin10 reported that the latest gold survey shows that industry experts hold a wait-and-see attitude towards the recent prospects of gold, while retail investors have strengthened their bullish stance. A Kitco survey involving 14 analysts shows that after a lackluster performance this week, Wall Street's views on gold price trends are relatively neutral. Five experts (36%) expect the gold price to rise in the coming week, while four analysts (28%) expect the gold price to fall. The remaining five (36%) analysts expect the gold price to consolidate sideways next week. In addition, in an online vote, 243 people voted in favor, and Main Street continues to be bullish based on last week's slight optimism. 143 (59%) retail traders expect the gold price to rise next week, while 49 (20%) expect the gold price to fall. The remaining 51 investors (21%) believe that the gold price will consolidate again in the coming week.