CITIGROUP SAYS GOLD MAY TOP RECORD ( GOLD PRICE NOW ) https://news0o0.blogspot.com/2019/09/gold-pric

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CITIGROUP SAYS GOLD MAY TOP RECORD ( GOLD PRICE NOW )  September 10, 2019

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POPULAR POSTS SCRATCH FOLES ENDURES CRACKED COLLARBONE IN JAGUARS' SEASON-OPENING MISFORTUNE TO CHIEFS SAMSUNG'S GALAXY FOLD CELL PHONE WILL GO ON SPECIAL SEPT. 6 IN SOUTH KOREA ( FOLDABLE SMARTPHONES ) HUAWEI TOUTS IN EXCESS OF 50 CONTRACTS FOR 5G AS US WEIGHT KEEPS ON MOUNTING XENOPHOBIA IN SOUTH AFRICA FLASHES REVOLTS IN NIGERIA AND ZAMBIA TYPHOON DORIAN LOSS OF LIFE ASCENDS AS TEMPEST HUNKERS DOWN ON US COAST

(Bloomberg) -- Gold costs may rally to a record above $2,000 an ounce in the following two years, as indicated by Citigroup Inc (NYSE:)., which gave a clothing rundown of positive drivers including

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rising dangers of a worldwide subsidence and the probability that the Federal Reserve will decrease U.S. loan costs to zero.

"We anticipate that costs should exchange more grounded for more, potentially rupturing $2,000 an ounce and posting new repetitive highs sooner or later in the following year or two," investigators incorporating Aakash Doshi said in a note got Sept. 10. That would surpass the record of $1,921.17 set in 2011. Live Metal Spot Price (24hrs) Sep 10, 2019 at 00:16 EST Gold Spot Gold Price Per Ounce

Prices

Today Change

$ 1,493.17 -13.47

Gold Price Per Gram

$ 48.01

-0.43

Gold Price Per Kilo

$ 48,006.53 -433.07

Low or lower-for-longer ostensible and genuine loan costs; worldwide subsidence dangers - exacerbated by U.S.- China exchange pressures; and increased geopolitical fractures are "consolidating to support a bullish gold market condition," the bank said. Additionally, "in fondness to our U.S. rates explore partners, we accept the Fed will at last wind up slicing rates right to zero," the experts composed.

MANCHESTER CITY'S $2BN SQUAD ESTEEMED AT ABOUT TWOFOLD MANCHESTER UNITED'S AND IS $321M MORE THAN LIVERPOOL'S DISSIDENT ADMINISTRATORS DISPATCH OFFER TO STOP A NOBARGAIN BREXIT — WHICH COULD INCITE A SNAP UK RACE TRUMP MIGHT MOST LIKELY ARRANGE US FIRMS OUT OF CHINA HOWEVER IT WILL COST HIM POLITICALLY, SAYS BUSINESS PIONEER SUSTAINED'S BULLARD SAYS 'FORCEFUL' ADVANCE IS EXPECTED TO ADJUST FED TO BUSINESS SECTORS, SAFEGUARD AGAINST EXCHANGE WAR

WORLD NEWS ARCHIVE ▼ 2019 (82) ▼ SEPTEMBER 2019 (59) CITIGROUP SAYS GOLD MAY TOP RECORD ( GOLD PRICE NO... SCRATCH FOLES ENDURES CRACKED COLLARBONE IN JAGUAR... TUNNEL, LSU MAKE HISTORY IN VICTORY OVER TEXAS SCHOOL FOOTBALL: MICHIGAN BEATS ARMY IN TWO OTS; C... AMERICAN AIRLINES SPECIALIST BLAMED FOR HARM WAS T... ROBERT MUGABE, ZIMBABWE'S STRONGMAN EXPRESIDENT, ...

hit a six-year high this month as national banks ease approach to address the log jam in development in the midst of the exchange war. This week, speculators anticipate that the European Central Bank should release more upgrade, while one week from now the Fed is seen cutting rates once more. That is driven streams into bullionPDFmyURL easily turns web pages and even entire websites into PDF!

GREEN BAY PACKERS' PREVAILING PROTECTION SMOTHERS ... PREVIOUS ZIMBABWE PRESIDENT ROBERT MUGABE BITES TH... SAMSUNG'S GALAXY FOLD CELL PHONE WILL GO ON SPECIA... SUSTAINED'S BULLARD SAYS 'FORCEFUL' ADVANCE IS EXP...

supported trade exchanged assets as financial specialists track the direction of the U.S. economy. Market Signals "Until further notice, the U.S. purchaser and potential development story is holding up," Citi said in the note. Notwithstanding, "we stay progressively worried about market signals - three-month to 10-year yield bend reversal - and driving pointers that are debilitating at the quickest pace since the Great Recession," it said. Spot gold exchanged at $1,491.34 an ounce on Tuesday, up 16% this year in the wake of ascending for as far back as four months. Citi said that it had updated its gauge conjectures for gold on the Comex by $125 to $1,575 an ounce for the final quarter, and by about 14% to $1,675 for 2020.

TYPHOON DORIAN LOSS OF LIFE ASCENDS AS TEMPEST HUN... XENOPHOBIA IN SOUTH AFRICA FLASHES REVOLTS IN NIGE... DOZEN GOLDMAN ACCOMPLICES COULD EXIT BY 2019-END: ... MANCHESTER CITY'S $2BN SQUAD ESTEEMED AT ABOUT TWO... AFL 2019: ST KILDA EXTRAORDINARY NICK RIEWOLDT CON... HOLDEN COMMODORE SUPERCARS BUNDLE SET FOR AIR CHAN... THE DAY MARK GEYER MADE PAUL KENT UPCHUCK WITH A '... FIERY REMAINS 2019, OLD TRAFFORD CLIMATE: MANCHEST... FIERY DEBRIS 2019 LIVE, FOURTH TEST SCORES, INCLUS... WALLABIES VETERAN TATAFU POLOTA-NAU REPORTS TEST R...

In July, U.S. fiscal arrangement creators diminished acquiring costs without precedent for over 10 years, and they are broadly expected to do so again at their Sept. 17-18 gathering. BNP Paribas (PA:) SA, which is likewise bullish on the viewpoint for bullion, said it expects four quarter-point decreases over the coming year.

IN ANY EVENT 25 AFFIRMED DEAD IN PONTOON FIRE IN C... DISSIDENT ADMINISTRATORS DISPATCH OFFER TO STOP A ... HUAWEI TOUTS IN EXCESS OF 50 CONTRACTS FOR 5G AS U... TRUMP MIGHT MOST LIKELY ARRANGE US FIRMS OUT OF CH...

Citi's viewpoint came with provisos, including a hawkish abandon the Fed or an achievement in exchange talks, in spite of the fact that that is not its base case. "An unexpected economic alliance combined with a sharp upswing in worldwide assembling information would most likely propose a crest for gold at the $1,550 an ounce level for this cycle."

STERLING FALLS BENEATH $1.20 IN FRONT OF BREXIT CO...

(Updates cost in 6th passage)

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REACTING TO SPILLED RECORDING, HONG KONG PIONEER S... IT'S DEPENDENT UPON TRUMP TO BREAK THE STOP IN US-... HONG KONG PIONEER CARRIE LAM SAYS SHE WOULD 'QUIT'...

DEVELOPING FEELING OF PATRIOTISM IN CHINA COULD EN... ENGLISH GOVERNMENT UNCOVERS 'PREPARE FOR BREXIT' P... IRAN SAYS IT WILL TAKE 'MORE GROUNDED VENTURE' FRO... ARGENTINA FORCES MONEY CONTROLS AS ITS FINANCIAL E...

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A HONG KONG-BASED PIECE OF CLOTHING CREATOR SAYS I... 'WANTON DEMOLITION' AND FINANCIAL EXPENSES ON HONG... CHINA'S GAS DEMAND GROWTH RATE TO SLOW IN 2019, GO... A US-CHINA DEAL THAT LACKS TRUST COULD BE 'DANGERO... CHINA TAKES CAUTIOUS STEPS WITH NEW TARIFFS, LEAVI... CUSTOMERS COULD BE CHAMPS AS SINGAPORE SHAKES UP I... CHINA'S INDUSTRIAL FACILITY MOVEMENT DEMONSTRATES ...

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