Gold prices expected to maintain upward momentum

From kitco.com

Gold has enormous upward momentum at the moment, and that left participants in the weekly Kitco gold survey overwhelmingly expecting prices to keep rising next week due to the combination of chart-based momentum and ongoing worries about the coronavirus outbreak. The metal soared to a seven-year high on Friday, fueled by the continued spread of the virus around the world and prompting worries this will dent economic growth. Some observers also cited expectations for continuing soft monetary policy in the U.S. and elsewhere. Early this week, many participants in a range of markets took the "ostrich approach" – ... (full story)