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2026-02-21 14:41:13
[Kitco Survey: Wall Street Bullish Sentiment Rekindles, Retail Investors Maintain Mildly Bullish View on Gold for Third Consecutive Week] Kitco News' weekly gold survey shows that bullish sentiment on Wall Street has once again taken hold, with retail investors maintaining a mildly bullish stance for the third consecutive week. Several analysts expressed optimism about the gold price outlook. Rich Checkan, President and COO of Asset Strategies International, believes that the market fundamentals have not changed to support the previous pullback, which was merely a healthy short-term correction, and the upward price trend should resume soon. Darin Newsom, Senior Market Analyst at Barchart, mentioned geopolitical factors, pointing out that the Supreme Court's rejection of Trump's tariff policy increases the possibility of military action, which could impact the market. Adrian Day, President of Adrian Day Asset Management, stated that gold has reached its lows since the end of January's sell-off and is clearly recovering. Although gold prices may slightly decline on Monday if the US does not escalate the situation with Iran over the weekend, the short-term recovery trend is already evident.
