Citibank Sees Gold Rise in Near Term

Published: Aug 31, 2017 10:20

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Gold prices rose about 6% so far in the third quarter of 2017, breaking through $1,300 per tonne, according to Citibank.

SHANGHAI, Aug. 31 (SMM) - Gold prices rose about 6% so far in the third quarter of 2017, breaking through $1,300 per tonne, according to Citibank.

Standard Chartered: Gold to Breach $1,300/ounce

Gold price may move in $1,260-1,360 per tonne range and have upward room in the rest of Q3, especially if geopolitical situation exacerbates.

Bank of America Merrill Lynch Sees Gold Rise to $1,400/ounce by Early 2018

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