Citigroup Maintains Gold Price Target at $5,000 Over Next 6-12 Months

According to Citigroup, the bank maintains its gold price targets unchanged over the next 6-12 months amid Middle East geopolitical uncertainty. Citigroup set a near-term target of $4,300 for the next 0-3 months and $5,000 for the 6-12 month horizon, citing continued near-term selling pressure in gold.
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