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Citigroup Raises Gold Price Forecast to $3,000 per Ounce Amid Geopolitical Tensions and Trade War Fears
Saturday
15 February, 2025
Citigroup has revised its gold price forecast, now predicting a surge to $3,000 per ounce in just three months, driven by geopolitical tensions and trade war anxieties. With central banks increasing their gold reserves amid economic uncertainties, can investors afford to overlook this potential gold bull market?
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Key Takeaways
- Citigroup predicts gold prices could reach $3,000 per ounce in three months due to global tensions and economic instability.
- Analysts expect an average gold price of $2,900 by 2025, driven by increased central bank reserves.
- The current bull market for gold is fueled by inflation worries and ongoing economic uncertainties.
- Potential investment opportunities may emerge if geopolitical conflicts are resolved.
- Citigroup is strategically positioned in the precious metals market, enhancing its appeal to investors.
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