From Barchart: 2025-06-18 07:27:00

Citi analysts have revised their gold price forecasts, expecting the precious metal to trade at $3,300/oz in the next three months and $2,800/oz in 6-12 months due to a peaking market deficit and potential decline in investment demand.

The supply shortfall driving gold’s recent surge may have peaked, with a base-case scenario predicting gold falling below $3,000/oz by late 2025 or early 2026 amid stronger global growth confidence.

Factors like improving economic sentiment and easing tariff and geopolitical risks could slow investment flows into gold ETFs and futures, potentially causing gold to slip below $3,000/oz according to Citi’s bear-case scenario.

Citi highlights that investment demand remains historically high, offering support even under weaker price scenarios, with forecast ranges and key drivers including tariff policy changes, geopolitical risks, and an improved growth outlook.

Investors are advised to set tactical ranges, monitor investment flows, and stay alert to geopolitical developments to navigate the evolving gold market cycle and adjust exposure as key drivers unfold.



Read more at Barchart:: Citi Lowers Gold Price Targets on Peaking Market D…