Citigroup has reduced its three-month gold price target to $4,000 per ounce, citing improving economic conditions and declining safe-haven demand as key factors.
Citigroup has revised its gold price forecast
Jun 10, 2026
06:05 pm
What's the storyCitigroup has revised its gold price forecast, cutting the three-month target from $4,300 to $4,000 per ounce.
The revision is based on improving macroeconomic conditions and declining demand for safe-haven assets.
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A “variety of multiple time frame technical signals and conditions warn of uptrend exhaustion,” writes BofA’s Paul Ciana.
