Gold prices to remain up, reaching $3 000/oz in near-term, says Citi
Leading global banks anticipate that gold prices will remain elevated throughout 2025, potentially reaching the $3 000 mark, as geopolitical uncertainties continue to shape investor sentiment. Among the key drivers of this rally are US President Donald Trump’s aggressive trade policies, including fresh tariffs on major partners like Canada, Mexico, and China, which have triggered retaliatory measures from these nations.
Leading global banks anticipate that gold prices will remain elevated throughout 2025, potentially reaching the $3 000 mark, as geopolitical uncertainties continue to shape investor sentiment.
Among the key drivers of this rally are US President Donald Trump’s aggressive trade policies, including fresh tariffs on major partners like Canada, Mexico, and China, which have triggered retaliatory measures from these nations.
