Wall Street's view on gold prices returns to neutral.

On June 21, Jin10 reported that according to a survey by the precious metals website Kitco, Wall Street's overall stance has returned to neutral after geopolitical developments failed to boost gold prices. Among the 16 Wall Street analysts surveyed, six (38%) expect gold prices to rise in the coming week, five (31%) expect gold prices to fall, and another five analysts (31%) anticipate gold prices will move sideways next week. A total of 258 people participated in the online survey, with a slight majority feeling optimistic about gold prices. 138 participants (54%) expect gold prices to rise next week, while 55 (21%) expect gold prices to fall. The remaining 65 individual investors (25%) expect gold prices to consolidate in the coming week.