Citibank has adopted a bearish outlook on gold prices, forecasting a decline to $4,000 within the next three months. This shift in perspective reflects concerns over market conditions affecting gold’s value. Analysts at Citibank believe that various factors will contribute to this anticipated drop, signaling a significant change in sentiment regarding precious metals. Investors are advised to prepare for potential volatility as the market adjusts to these new predictions. The bank’s outlook may influence trading strategies and investment decisions among market participants.
