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. Read More Details
Finally We wish PressBee provided you with enough information of ( Citibank sees gold prices rallying to $3500 over the next three months )
Also on site :
- NYT Mini Crossword Answers, Hints for Friday, June 20, 2025
- Country 'MVP' Refunds Entire Audience Mid-Concert and Fans 'Cannot Believe He Did That'
- Legendary '70s Rock Band’s Song Sparks Fan Theories 50 Years Later