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U.S. growth, tariff-related inflation worries and a weaker dollar will drive gold to a new record, possibly within three months, says Citi.
Expert commented on the outlook for gold and silver and what investors should do amidst the global uncertainty.
The new triggers for the gold up move are likely to be the US Fed rate drop campaign, which is expected to commence from the ...
FX Empire market analyst Vladimir Zernov noted that amid weak U.S. jobs data, gold breached the $3,370 per ounce level, ...
Citi analysts reversed their bearish outlook for gold, predicting bullion will rally to a record high in the near term due to ...
Citigroup on Monday raised its three-month gold price forecast to $3,500 per ounce, up from $3,300, arguing that the US ...
Citing a worsening U.S. growth and inflation outlook, Citi analysts have boosted their view of gold, saying the commodity could reach a new record over the next three months. A Citi team of analysts ...
Gold prices are rising, strengthening miners' finances. Cash reserves may trigger mergers & acquisitions or dividends.
With Citi predicting prices could soar to $3,500 per ounce within the next three months, the global gold market is bracing for a historic rally. The NewsChronicle has learnt that this new estimate ...
A new trade deadline looms on Thursday, when hefty levies are due to take effect on many countries. Meantime, Trump said Sunday he would name a new head of the Bureau of Labor Statistics in the coming ...
Citigroup Inc. revised its bearish forecast for gold, with analysts now predicting bullion will rally to a record high in the ...
Citi increased its three-month gold price forecast to $3,500 per ounce from $3,300 on Monday, citing a deteriorated near-term outlook for US growth and inflation.
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