Citigroup and BofA Bullish on Gold: Analysts Predict 25% Surge to $3,000 Citigroup and Bank of America have issued bullish forecasts for gold prices, predicting they could reach $3,000 per ounce within the next year. This optimistic outlook is driven by expectations of increased investor inflows and anticipation of the Federal Reserve cutting interest rates. Citigroup analysts, led by Aakash Doshi, have revised their 2024 average price prediction to $2,350 and significantly increased their 2025 forecast to $2,875. They expect gold to frequently challenge and surpass the $2,500 mark in the second half of this year. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Silver Market Faces Major Deficit as Industrial Demand Hits Record Highs READ MORE Inflation No Match for Coca-Cola's Global Demand in Q2 Earnings READ MORE Electric Earthquakes: The Secret Behind Massive Gold Deposits READ MORE Inflation No Match for Casino Wins: U.S. Gaming Industry Sees Historic Highs in 2023 READ MORE Invesco Strategist Predicts Multiple Reductions in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published.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