Citibank sees gold prices rallying to $3500 over the next three months. The previous estimate was $3000 with the average of $3250 during Q2 2025.
Gold prices reached a high on Wednesday at $3357.92. The price is currently down $41.40 or -1.24% to $3298.59.
Technically, the 100-hour moving averages rising and currently at $3260.83 just above the average price as expected from Citibank. Holding above that level would keep the sellers in firm control. On a break below, the 38.2% retracement of the recent move up from the April 7 low comes in at $3204.43.
Gold has benefited from flight to safety flows. Central banks have also been big buyers.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about citibank sees gold prices rallying to 3500 over the next three months was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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