Citigroup Predict Gold At $2,400/oz In 2012 And $3,400/oz "In Coming Years"

by Tyler Durden
ZeroHedge
Mar. 05, 2012

Citigroup have said that they believe that gold will rise to $2,400/oz in 2012 and by $3,400/oz in “the coming years”.

However, Citi’s Tom Fitzpatrick warned of price weakness in the short term and said there is a “real danger” that there may be a correction to $1,600/oz which would provide an even better buying opportunity.

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