Wall Street sees gold price declines or consolidation next week, Main Street is more optimistic about gains

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Wall Street sees gold price declines or consolidation next week, Main Street is more optimistic about gains
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The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Wall Street sees gold price declines or consolidation next week, Main Street is more optimistic about gains

- While central bank purchases and robust Asian demand have created a long-term uptrend in gold, uncertainty surrounding the Federal Reserve's monetary policy continues to generate significant short-term volatility. - As much as Western investors want to ignore the gold market, there is no denying that we are seeing a generational shift in the marketplace.

-The gold market has managed to bounce off of its nearly two-week lows, but solid activity in the U.S. manufacturing sector could weigh on the precious metal ahead of the Memorial Day long weekend.Bitcoin trades above $68k, Ether consolidates near $3.7k following surprise ETH ETF approval

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