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Gold rally to end on demand slump, Fed cuts: Citi
Mint Ahmedabad
|June 18, 2025
Gold is expected to sink back below $3,000 an ounce in coming quarters as the record-setting run peters out, said Citigroup Inc., calling time on one of the standout commodity rallies.
"Our work suggests that gold returns to about $2,500 to $2,700 an ounce by the second half of 2026," analysts including Max Layton said in a report. The slump may be driven by weaker investment demand, improving global growth prospects and rate cuts by Federal Reserve, they said.
Cette histoire est tirée de l'édition June 18, 2025 de Mint Ahmedabad.
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