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Gold Price Gets $3,500 Target From Citi as Demand Soars
Gold Price Gets $3,500 Target From Citi as Demand Soars
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With geopolitical tensions soaring for much of April, all eyes are on haven assets and market stability. The United States and China appear to be headed straight for a trade war. Amidst this, Citi has set a new $3,500 target for gold as demand for the metal has soared. This year has been impressive for gold, reinforcing its status as a safe-haven asset amidst global economic uncertainty. The question remains how high gold prices can go in the near term with increased investment.
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