Traders Split on Gold Outlook

The Financial Post reported that traders are divided on their outlook for gold for next week, as they weigh economic recovery and the possibility of more economic stimulus.

As quoted in the market report:

Fifteen analysts surveyed by Bloomberg expect prices to gain next week, while 14 were bearish and three were neutral. They were mostly negative the previous two weeks and evenly split the week before that. Bullion fell for a fifth straight month in February as investors sold the most metal ever from exchange-traded products, data compiled by Bloomberg show.

To view the whole Financial Post report, click here.