Citi Predicts Gold Slump Amid Market Volatility

Citi analysts predict a potential 20% slump in gold prices by September, citing pressure on its 'safe haven' status since the outbreak of the U.S.-Iran war.

9 Jun, 11:08 — 9 Jun, 11:08

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cnbcMostly Factual3d ago

Gold could slump another 20% by September, says Citi — here's why

Since the outbreak of the U.S.-Iran war on Feb. 28, gold's reputation as a "safe haven" asset in times of turmoil has come under pressure.

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Citi Predicts Gold Slump Amid Market Volatility

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Gold could slump another 20% by September, says Citi — here's why

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