$3,000/oz; Archives - Citizen Watch Report

Gold’s Path to $3,000/oz (Just in Time for Christmas)

October 2, 2024 8:45 am

This week we explore the reasons behind gold’s latest all-time high – and evaluate whether we’re likely to see gold at $3,000 by Christmas. We also review Zimbabwe’s latest, desperate attempt to prop its economy using the power of gold… …

Citigroup predicts gold at $3,000/oz; JP Morgan forecasts $2,500. UBS warns of 6.5% Fed rate hike.

April 16, 2024 9:21 am

Citigroup and JP Morgan forecast significant gains for gold, with projections reaching $3,000 and $2,500 per ounce respectively within the next year. Meanwhile, UBS warns of a potential 6.5% Fed rate hike amid persistent inflation, triggering concerns of a selloff …