Gold Price Forecast: XAU/USD set to post fresh records north of $2,100 – Citibank

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Gold Price Forecast: XAU/USD set to post fresh records north of $2,100 – Citibank Gold XAUUSD YieldCurve Banks

“The precious metals sector tends to outperform other commodity sectors during significant curve flattening episodes, based on rolling 6M annualized returns.”

“Elevated geopolitical risks, COVID-19 concerns in China, and robust inflation data should all continue to tilt the macro backdrop to one that favors investor inflows for gold, at least in the short-term.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

 

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