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Citi: We believe that further escalation of tariffs will lead to a bullish gold market within 6-12 months.
According to Golden Finance, Citigroup stated that we believe that further escalation of tariffs will lead to a bullish gold within 6-12 months, with the price of gold rising to $3,000 per ounce; at the same time, bullish silver will rise to $36 per ounce; we also see that the price of copper will fall to $8,500 per ton in the next three months.