(Kitco News) – Banking giant Citi announced on Monday that it has raised its gold price forecast to $3,500 per ounce over the next three months, up from $3,300 in June. “U.S. growth and tariff-related inflation concerns are set to remain elevated during 2H’25, which alongside a weaker dollar, are set to drive gold moderately higher, to new all-time highs,” the bank’s analysts wrote.
