Citi: Silver prices are expected to rise sharply to $35 per ounce in the next three months.

GoldenOctober2024

2024-10-18 17:54:12

MAX-3.81%

On October 19th, Jinshi Data, Citigroup’s global head of commodity research, Max Layton, expects the price of gold to reach $3,000 per ounce in the next 6-12 months. In the highly uncertain economic environment of the United States and Europe, the demand for ETFs and investments in gold as a means of wealth storage will be boosted. Layton added that he expects the price of silver to soar to $35 per ounce in the next three months.

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