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Blaszczyk admits that there will be “ups and downs” on her predicted journey to $3,000 (USD). She argues, though, that the trends towards global instability and economic Amid the BRICS’ continued acquisition of the metal, Citigroup is the latest institution to predict that gold will climb; forecasting Central Bank interest to drive the metal to Amid the BRICS’ continued acquisition of the metal, Citigroup is the latest institution to predict that gold will climb; forecasting Central Bank interest to drive the metal to Citi Research has raised its near-term and 2025 average gold price forecasts, citing trade wars and geopolitical risks under U.S. President Donald Trump, along with robust

BRICS Gold Rush: Citigroup Predicts Central Banks to Drive Gold Price to $3,000

Is gold heading for a massive surge? Citigroup is the latest institution to predict that gold will climb, forecasting Central Bank interest to drive the metal to unprecedented heights. This bullish forecast is fueled in part by the continued acquisition of gold by BRICS nations, further solidifying the precious metal's position as a safe haven. Citi Research has raised its near-term and 2025 average gold price forecasts, citing trade wars and geopolitical risks under U.S. President Donald Trump, along with robust Central Bank demand. This convergence of factors points to a significant upward trend for gold. Citigroup analyst Aakash Doshi believes Central Banks' buying spree is a key driver. He projects a steady climb, with the potential to reach the $3,000 mark. While the long-term outlook is optimistic, analyst Blaszczyk admits that there will be “ups and downs” on her predicted journey to $3,000 (USD). She argues, though, that the trends towards global instability and economic uncertainty make gold an increasingly attractive investment, especially for Central Banks seeking to diversify their reserves Amid the BRICS’ continued acquisition of the metal. Keep up-to-date with the latest gold price movements and analysis as we track this exciting trend.

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