Citi sees record central bank demand pushing gold prices to $2,600 this year, $3,000 in 2025

Central bank gold demand has slowed in recent months after record purchases at the start of the year; however, some analysts remain optimistic that this pillar of the market will be stronger than ever in 2024. Despite gold’s current consolidation phase, in a report published Wednesday, commodity analysts at Citi said solid gold demand...