Citigroup Says
Gold May Top Record
Gold prices may rally to a
record above $2,000 an ounce in the next two years, according to Citigroup Inc (NYSE:C). Low or
lower-for-longer nominal and real interest rates; global recession risks --
exacerbated by U.S.-China trade tensions; and heightened geopolitical rifts are
“combining to buttress a bullish gold market environment,” the bank said.
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