Gold, which recently hit a record $3,388 per ounce, could drop to $2,500-$2,700 by late 2026, says Citi group. The forecast cites weaker investment demand, Fed rate cuts, and improving global growth. Prices rose 30% this year amid geopolitical fears and central bank buying, but Citi expects the current rally to taper off in the coming quarters.
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12:47 pm on
18 Jun