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 Financial Anxiety Surges: 4 in 10 Americans Worried About Paying Bills READ MORE CBO Predicts Decade of Soaring U.S. Deficits READ MORE Gold Market Holds Breath: Powell Speech and Payrolls Report in Focus READ MORE Gold Breaks Historic $2,500 Ceiling as Fed Rate Cut Looms READ MORE Jeffrey Christian: No Significant Shift Away from the US Dollar READ MORE Add a Comment Cancel replyYour email address will not be published.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