Gold prices could surge up to $3,000 over the next 12 months, Citi analysts said, as a combination of strong physical demand, central bank purchases, and macroeconomic factors continue to support a bullish outlook for the yellow metal.
“The gold price path is unlikely to be linear, but average prices should trend higher in 2H’24 and 2025,” Citi analysts wrote in a note.“We see the market supported well above $2,000-2,200/oz and regularly testing nominal ATHs into end-2024,” before surging to $3,000 in 2025, the firm added.
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Last
$3.34 |
Change
0.000(0.00%) |
Mkt cap ! $3.639B | |||
| Open | High | Low | Value | Volume |
| $3.35 | $3.39 | $3.34 | $14.22M | 4.238M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 217814 | $3.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 101045 | 36 |
View Market Depth
| Last trade - 13.56pm 23/06/2025 (20 minute delay) ? |
| GOR (ASX) Chart |