The $5,000 Gold Forecast: What’s Fueling the Fire? Let me tell you something—when a big bank like Citigroup starts throwing out $5,000 gold and $100 silver price targets, you better believe something’s brewing under the surface. In fact, precious metals are already breaking records: spot gold recently surpassed $4,630 per ounce, marking a roughly 27% gain so far this year, while silver cracked $90 per ounce for the first time amid rate-cut expectations and geopolitical uncertainty. Citi analysts, led by Kenny Hu, just raised their 0–3 month forecast for both metals. They're betting big that gold and silver are about to rocket through the roof in early 2026—and that’s precisely why a gold price crash coming later in the cycle…
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