Citi Sees Gold Prices Potentially Scaling Fresh Records Of $2,150 At Some Point In 1H'24
Portfolio Pulse from Benzinga Newsdesk
Citi predicts that gold prices could potentially reach new records of $2,150 at some point in the first half of 2024, according to Reuters.
July 18, 2023 | 5:24 pm
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Citi's prediction of gold prices reaching new records could potentially impact the price of the SPDR Gold Shares ETF (GLD).
As GLD is an ETF that tracks the price of gold, any significant changes in the price of gold, such as the predicted record high, could directly impact the price of GLD. Therefore, this news is highly relevant and important for GLD investors.
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