Citigroup's Prediction: Gold Price to Surge to $3,000 in the Near Future
Wednesday, 17 April 2024, 09:22
Gold Price Prediction
Citigroup's team of experts anticipates a substantial rise in the price of gold due to heightened geopolitical uncertainties and increasing demand from various investor segments.
Gold Price Analysis
- Gold is currently trading at $2,406.30 per ounce, with a slight decline of 0.062% in the last 24 hours but showing significant gains over the month.
- Analyst Mike McGlone from Bloomberg supports the forecast of gold hitting $3,000, citing important financial indicators.
Disclaimer: The content provides insights and should not be considered as financial advice.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.