Citi: Gold Backed by Layered Risks, But Roughly Half May Erode in 2026
Citi says a convergence of geopolitical and economic risks is supporting gold allocations, yet the bank estimates roughly half of the risk premium embedded in current prices may not materialize or persist through 2026. Recent price swings, including a sharp intraday drop after a Fed-related nomination, illustrate the metal's sensitivity to politica…