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 June Inflation Report: A Potential Game-Changer for Fed Policy and Markets READ MORE Convergence of Gold and Dollar: Precursor to Stock Market Downturn? READ MORE U.S., Japan, and South Korea Unite to Stabilize Dollar READ MORE Four Factors Threatening the Dollar's Global Supremacy READ MORE Deciphering the U.S. Economy's Post-Pandemic Strength READ MORE Add a Comment Cancel replyYour email address will not be published.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