On June 15th, Gelunhui: Precious Metals website Kitco stated that 13 Wall Street analysts were surveyed this week, and after experiencing this week's performance, they are more optimistic about the short-term prospects of gold. Eight analysts (62%) expect gold prices to rise further next week, two (15%) expect them to fall, and the remaining three (23%) expect gold prices to remain flat. In the online survey, a total of 216 ordinary investors voted, who were more cautious than institutional investors, but overall positive. 117 people (54%) expect gold prices to rise next week, while another 49 (23%) expect them to fall, and 50 people (23%) expect them to fluctuate. Analyst Adrian Day said that gold is recovering from last week's sell-off, as the US economic news is more 'dovish,' PPI data is weak, and the increase in initial jobless claims helps to lower interest rates. The escalating geopolitical tensions have also provided support for gold.