Gold Seen Hitting $3,000 at Citi as Investor Inflows Juice Rally

Gold is set to reach $3,000 an ounce over the next six to 18 months on increasing investor inflows amid expectations that the Federal Reserve will eventually cut interest rates, Citigroup Inc. said, adding to a roll call of Wall Street banks that have raised forecasts.

Apr 16, 2024 - 08:02
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Gold Seen Hitting $3,000 at Citi as Investor Inflows Juice Rally
Gold is set to reach $3,000 an ounce over the next six to 18 months on increasing investor inflows amid expectations that the Federal Reserve will eventually cut interest rates, Citigroup Inc. said, adding to a roll call of Wall Street banks that have raised forecasts.

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