Bloomberg's weekly gold survey indicates strong positive sentiment surrounding gold

Gavin Wendt

Bloomberg's weekly gold survey indicates strong positive sentiment surrounding gold. 13 analysts surveyed by Bloomberg expect prices to rise next week, four were bearish and five neutral, the highest proportion of bulls since March 8. Consumer buying of the metal jumped by 53% during Q2 2013 compared to a year earlier, almost making up for the record sell-off of exchange-traded products backed by bullion, World Gold Council data shows.


About this contributor

Gavin Wendt

Gavin Wendt

Founding Director, MineLife

I have been a senior resources analyst following the fortunes of the mining and energy sectors for the past 25 years - previously working with stockbroker Intersuisse and financial group Fat Prophets. I am also Executive Director, Mining & Metals...

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