Gold Physical Demand Surges as Citi Sets $3,300 Price Target
Citibank has raised its gold price target to $3,300 per ounce, pointing to extraordinary physical demand as the main driver rather than speculative trading. “Using our quarterly price changes model, we see gold prices rising to well over $3,300/oz, though we view this as a bull case given the potential for jewelry and scrap over … Read more