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Citi Boosts Gold Target to $4,800 as Fed Policy Eases

Citi Research raised its 3-month gold price target to $4,800 from $4,500/oz, maintaining a 6-12 month target of $5,000. Bullish catalysts include lower U.S. real rates and a less hawkish Fed, despite…

Gold Rises as Dollar Drops on Easing Fed Hike Bets

Gold prices gained in early Asian trading driven by a weakening U.S. dollar amid easing Federal Reserve rate-hike expectations. Robust central bank demand and increased investment interest for dollar…