Скачать или смотреть Gold Price Forecast: $4000+ Again? Bank Analysts Slash Predictions

The gold market is buzzing with the latest price movements and forecasts. Gold bullion attempted to maintain its position above $4000 per ounce, recovering from a plunge that saw its value drop by 8.3% from mid-October's all-time high.
Major bank analysts, including Citi and HSBC, have revised their gold price predictions, cutting their short-term outlooks while still anticipating future gains. Citi now predicts a 3-month price of $3800, down from $4000, with a potential rise to $5000 next year. HSBC, initially bearish, now expects gold to trade between $3700 and $4050 by year-end, testing October's highs before retreating.
This video explores the reasons behind the price fluctuations, the impact of bank forecasts, and the potential future trajectory of gold prices.