Last Drinks At The Gold Bar Before A 20% Price Fall
1. Citi forecasts gold prices to fall 20% amid improving economic growth. 2. Investment demand for gold expected to fade by late 2023 and into 2026. 3. UBS downgrades Evolution Mining; Newmont receives a buy recommendation. 4. Fed rate cuts anticipated to bolster U.S. growth sentiment. 5. Gold prices expected to consolidate around $3100-$3500 in the near term.