Gold Price Gets $3,500 Target From Citi as Demand Soars
With geopolitical tensions soaring for much of April, all eyes are on haven assets and market stability. The United States and China appear to be headed straight for a trade war, with tariffs incurred on both sides. Moreover, amid that, the gold price has gotten a new $3,500 target from Citi as demand for the metal has soared. It has been an impressive year for the asset so far. With so much global economic uncertainty, its status as a safe-haven asset has been reassured throughout the last several months. The question is, just how high can it go in the near term with all eyes on increased investment? Source: Watcher Guru Also Read: Bitcoin vs. Gold: How Safe-Haven Assets Reacted to the Tariff Announcement Gold Poised for $3,500 Ceiling in 2025 as Citi Predicts Even More Record Highs 2025 has certainly been a worrisome year from a geopolitical perspective. The United States has adopted an increasingly aggressive economic policy. As a result, the dollar has struggled mightily, with anal...