Investing.com: Gold prices could surge to $3,000 as flows 'have plenty of scope to expand': Citi

Gold prices might surge to $3,000 per ounce as financial flows show potential for significant expansion, according to a recent report from Citi analysts.

The bank says that the weakening US labor market, coupled with a broader trend of disinflation and a notably soft June CPI print, strengthens the argument for a dovish pivot by the Federal Reserve at the upcoming July FOMC meeting.

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