Citi Changes Gold Forecast Amid US Economic and Inflation Fears

Reported about 10 hours 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

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