by Anthony Halley:
For the first time in weeks, a majority of participants in the Kitco News Gold Survey predicted higher gold prices and many believe that gold is building a base in the $1,570 range.
25 gold dealers, investment banks, futures traders, money managers and technical-chart analysts took this week's survey on Friday and of those, 17 see prices going up.
A major reason for the expected rise is the latest US consumer price index data, which indicate inflationary pressures going forward. ...