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CITI: Gold could shatter $2,000, reach all-time high if recession risks continue
  • Gold could hit historic highs and even break $2,000 per ounce in the next couple years if recession risks and rate cuts continue, analysts at Citi said in a Tuesday note.
  • The precious metal is up about 17% year-to-date as trade war tensions and downturn fears drive investors toward the "safe haven" asset.
  • The analysts' positive outlook sees risks from the possibility of a surprise trade deal between the US and China, and from possible hawkish decisions from the Federal Reserve.
  • Watch gold trade live here.



Full "The Business Insider: The Money Game" article




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