Reported 27 days ago
Citigroup has revised its gold price forecast, anticipating a rally to record highs due to growing concerns about the US economy and inflation from tariffs. Analysts predict gold will trade between $3,300 and $3,600 per ounce over the next three months, a shift from their earlier prediction of $3,100 to $3,500. The bank's updated outlook aligns with more optimistic views from other analysts amid ongoing fears of a recession and high interest rates.
Source: YAHOO