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 Gold Hits Record High: What's Next for the Bullion Market? READ MORE Commercial Real Estate Concerns Lead to Higher Borrowing Costs for Banks READ MORE Over 80,000 Global Enthusiasts Flock to HongKong’s Twin Jewellery Shows READ MORE Fed Seen Sticking With Three 2024 Cuts Despite Higher Inflation READ MORE Silver Could Be Heading to $50 – Watch These Levels for Clues READ MORE Add a Comment Cancel replyYour email address will not be published.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
