From Kitco News:
Wall Street and Main Street look for gold to keep climbing next week, according to the Kitco News gold survey.
Many traders and analysts cited a dovish Federal Open Market Committee after a policy meeting this week, in which officials indicated they are pausing in the monetary-tightening cycle while awaiting more economic data. This tends to undermine the U.S. dollar, which helps gold. It also limits the so-called "opportunity" cost of holding non-interest-yielding assets such as precious metals.
Wall Street voters remained bullish even in the aftermath of a strong U.S. jobs report on Friday that normally might hurt sentiment by rekindling rate-hike worries. The Labor Department said U.S. nonfarm payrolls rose by 304,000 in January.
Sixteen market professionals took part in the Wall Street survey. There were 10 votes, or 63%, calling for higher prices. Two respondents, or 13%, said lower, while four, or 25%, said sideways.
Meanwhile, 561 respondents took part in an online Main Street poll. A total of 357 voters, or 64%, called for gold to rise. Another 135, or 24%, predicted gold would fall. The remaining 69 voters, or 12%, see a sideways market...