Markets: Another golden bear

Citigroup is predicting gold to tumble almost $US100 by year's end as the global economy continues to recover.

Citigroup have pinned their flag firmly to the mast of the gold bears.

Citi analysts are forecasting a gold price of $US1185 an ounce on average during the second half of this year. In 2014 Citigroup is predicting the price of gold will be even lower, at $US1143.


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