Citi Analysts See Gold's Highs Continuing Gold prices have hit new highs, with futures hitting new records and analysts optimistic about the precious metal’s trajectory. Even as spot gold trades higher, analysts from Citi highlight that, adjusted for inflation, gold’s current prices are still below historic highs. Nevertheless, Citi analysts maintain a positive outlook, suggesting a 25% chance gold could average around $2,300 per ounce in the latter half of the year, with a more conservative estimate at $2,150. They also entertain a possibility of gold hitting an extraordinary $3,000 per ounce in the next 12 to 16 months. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China's Leadership Mulls Market Rescue Measures Amid Stock Crisis READ MORE Goldman’s $2,175 Target READ MORE Oil Prices Rise Amid Global Tensions and Economic Stimulus READ MORE Gold Price Hovers at Record Peaks: Eyes Set on Fed's Powell for Rate Cut Hints READ MORE From Luxuries to Groceries: The Evolving Landscape of BuyNow, Pay Later READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
