Citi Predicts Gold Prices Could Hit $3,000 in 3 Months

Gold prices are experiencing a bullish divergence arsenic its terms has reached $2,861 connected Friday’s opening bell. It has surged by much than 5 points successful the time commercialized with an uptick of 0.18%. The XAU/USD scale is present looking to breach the $3,000 people and usher into a caller territory of optimism. The yellowish metallic remains bullish successful 2025 and has continued the affirmative momentum of 2024. Leading concern slope Citi published a caller prediction forecasting that golden prices could scope $3,000 successful the adjacent 3 months.

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Gold Prices Set to Reach $3,000 In the Next 3 Months: Citi

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Commodity analysts from Citi foretell that golden prices are each acceptable to interaction the $3,000 people successful the adjacent 3 months. The geopolitical tensions raised by Trump done tariffs volition marque organization investors question a harmless haven successful gold, wrote the report. The improvement volition lone assistance the XAU/USD scale which could soon acquisition an uptick successful the indices.

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“The golden bull marketplace looks acceptable to proceed nether Trump 2.0 with commercialized wars and geopolitical tensions reinforcing the reserve diversification/de-dollarization inclination and supporting emerging marketplace (EM) authoritative assemblage golden demand,” Citi analysts wrote successful a note.

According to Citi, golden prices could scope $3,000 during the commencement of Q2 2025. That’s an uptick and instrumentality connected concern (ROI) of astir 5% from its existent terms of $2,861. Therefore, an concern of $10,000 could crook into $10,500 if the forecast turns retired to beryllium accurate.

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Citi besides wrote that if golden gets exempt from tariffs, it would beryllium champion to accumulate the precious metallic and clasp connected for the agelong term. “A Russia/Ukraine bid deal, and confirmation of whether golden would beryllium exempt from wide tariffs (or not), could supply a buying accidental implicit the adjacent 2-3 months,” wrote the commodity analysts.