Citi's Surprising Predictions for Gold Prices

Citi's Downward Revision of Gold Prices

US-based Citi has drawn attention by revising its short-term expectations for gold prices downward. The bank expects the price of gold to fluctuate around $4,000 per ounce in the next 0-3 months.

Risk of US Government Shutdown and Trade Agreements

Citi analysts suggested that factors such as the reduction of the risk of a US government shutdown and the announcement of possible trade agreements between China and the US could lead to a sideways movement and a consolidation process in the gold market. This situation may affect investors' demand for safe-haven assets like gold.

Expectations for Copper and Aluminum Increase

In the report, while maintaining a cautious outlook for gold in the short term, attention was drawn to a notable potential rise in base metals in the medium term. Citi stated that copper prices could reach $12,000 per ton in the next 6-12 months. Additionally, aluminum is expected to rise to $3,500 by 2027.

Expectations in the Energy Market

Citi also shared important data for the energy market, announcing that the Brent crude oil price is expected to average around $60 per barrel in the first quarter of 2026. These developments could shape investors' strategies regarding energy and commodity markets.

Conclusion and Assessment

Citi's updates provide significant information for investors. The particularly negative forecasts regarding gold and the expectations for rising base metals stand out as elements that should be carefully monitored in response to market fluctuations.