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 FOREX Dollar gains on rate outlook, yen weakens for third day READ MORE Gold Set for a Great 2024, with Silver to Shine Even Brighter: UBS Insights READ MORE Hoenig Cautions Against Expecting Three Rate Cuts Amid Economic Resilience READ MORE Crude Market Heats Up: WTI Climbs 3.3% as Supply-Demand Gap Narrows READ MORE Add a Comment Cancel replyYour email address will not be published.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