Is it a good time to buy gold today?

Gold-Trend-Feb-2013

Participants in the weekly Kitco News Gold Survey remain mixed on gold’s outlook for next week, split between those who see weakness to continue and those who see higher prices or are neutral on price direction.

In the Kitco News Gold Survey, out of 25 respondents, nine see prices up, while 12 see prices down, and four see prices moving sideways or are neutral. Market participants include bullion dealers, investment banks, futures traders, money managers and technical-chart analysts.

Perhaps it’s a good time to buy some gold if you have been waiting for the prices to slide.

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