TechFlow news, on December 10, according to Jinshi reports, analysts from Citi Research said in a report that gold's long-term upside potential remains intact. Supported by the continued deterioration of the U.S. labor market, high interest rates weighing on economic growth, and increased demand for ETFs, the bank continues to see room for gold prices to rise. Amid ongoing "de-dollarization" and rising global debt levels, these long-term themes also create structural tailwinds for commodities. Citi maintains its bullish outlook on gold, with unchanged targets of $2,800 per ounce in the next three months and $3,000 per ounce over the next six to twelve months.
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