Video: Citi Expects Gold To Crack $3,000, Industrials (Miners) to Outperform
Housekeeping: Good Morning.
“The reset is a process, not an event”
Topic:
* Citi Expects Gold To Crack $3,000, Industrials to Outperform
Market Analysis:
After a remarkable three-year rally, Citi is calling time on gold's bull market. In their latest commodities outlook, analysts project that an improving macroeconomic environment — fueled by fiscal and monetary stimulus — will shift capital out of gold and back into cyclical assets. The forecast suggests a gradual reversion below the $3,000/oz threshold by late 2026, with prices falling as low as $2,500/oz.
Citi expects additional rate cuts…
The skinny
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