https://www.cnbc.com/2020/02/19/cit...1a3VIFj89xzi_5cpjk2N4a6XJOX7L9goDB1Jur79Gb10k
Citi sees gold topping $2,000 in next 12 to 24 months
Published Wed, Feb 19 20209:35 AM EST
Pippa Stevens@PippaStevens13
Key Points
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- As investors fear the ongoing impacts of the coronavirus outbreak, and with the bull market stretching on, Citi said gold looks set to outperform.
- The firm’s analysts, led by Ed Morse, forecast gold topping $2,000 per ounce in the next 12 to 24 months.
- On Tuesday, gold settled above $1,600 per ounce for the first time since 2013.
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