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Citi upgrades gold forecast amid headwinds for the US economy
Citi had previously penciled their gold forecast for the next three months at $3,300. And in looking to the expected trading range, they had previously forecast that the precious metal will keep around $3,100 to $3,500. Now, they're seeing that at $3,300 to $3,600. It's an upgrade to their previous call, citing a deterioration in the US growth and inflation outlook in the near-term. "US growth and tariff-related inflation concerns are set to remain elevated during H2 2025, which alongside a weaker dollar, are set to drive gold moderately higher, to new all-time highs." The firm also pointed out concerns about ... (full story)
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From youtube.com/realvisionfinance|Aug 4, 2025Steno Research founder and CEO Andreas Steno and his co-host, Mikkel Rosenvold, partner and head of geopolitics for Steno Research, are back to break down the latest news driving ...
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From @realDonaldTrump|Aug 4, 2025|77 comments
India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA. Thank you for your attention to this matter!!! President DJT
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From @LiveSquawk|Aug 4, 2025|12 commentsIndian Govt Calls The Targeting Of Country ‘Unjustified, Unreasonable’ – Statement - Will Take Necessary Measures To Safeguard Interests - India Govt Responds To Criticism From EU, US On Russian Oil
From kitco.com|Aug 4, 2025Gold prices rose for a third straight session on Monday after last week's economic data fueled expectations of interest rate cuts by the U.S. Federal Reserve. Spot gold rose 0.3% ...
From miningmx.com|Aug 4, 2025Gold is expected to retain its commanding position as the world’s second most important monetary reserve for the remainder of 2025. This is according to analysts cited in The ...
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- Aug 4, 2025 11:18am Posted byFundamental Analysis226
