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Citi raised its gold price forecast over next three months to $3,500 per ounce on Monday from $3,300, and the expected ...
After rallying sharply in the early part of the year and hitting a record high above $3,500 an ounce in April, gold has been ...
FX Empire market analyst Vladimir Zernov noted that amid weak U.S. jobs data, gold breached the $3,370 per ounce level, ...
Citigroup on Monday raised its three-month gold price forecast to $3,500 per ounce, up from $3,300, arguing that the US ...
Citi estimates that total gold demand has climbed by over 30% since mid-2022, helping to nearly double the metal’s price by ...
Citi analysts reversed their bearish outlook for gold Monday, predicting bullion will rally to a record high in the near term ...
Gold prices are rising, strengthening miners' finances. Cash reserves may trigger mergers & acquisitions or dividends.
The new triggers for the gold up move are likely to be the US Fed rate drop campaign, which is expected to commence from the ...
At the time of writing, gold futures were priced at $3,411.60 per ounce, while spot gold remained relatively flat at ...
Citi increased its three-month gold price forecast to $3,500 per ounce from $3,300 on Monday, citing a deteriorated near-term outlook for US growth and inflation.
The yellow metal has now risen for three straight sessions, as new US economic data signalled that a Fed rate cut may be on ...
Consequently, Citigroup sees gold prices rising to between $2,700 U.S. and $3,000 U.S. per ounce by 2025.