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Live Updates  >  Live Update Details

2026-11-04 23:18:29

Citigroup sets a 0-3 month target price of $4,500 per ounce for gold, citing significant upside potential if the Strait of Hormuz reopens and the conflict between Yemen and Saudi Arabia de-escalates as expected by the end of the year. The bank also set a 6-12 month target price of $5,000 per ounce. Citigroup further stated that a sharp drop in oil prices could prompt the Federal Reserve to begin cutting interest rates, making gold more attractive to investors and fueling a new global gold rally.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

 4078.51

-10.29

(-0.25%)

XAG

 52.143

0.358

(0.69%)

CONC

 89.63

-0.89

(-0.98%)

OILC

 97.44

-1.69

(-1.71%)

USD

 101.990

0.397

(0.39%)

EURUSD

 1.1174

-0.0044

(-0.40%)

GBPUSD

 1.3393

-0.0055

(-0.41%)

USDCNH

 6.6674

0.0028

(0.04%)

Hot News

The US stock market crash failed to drag down gold prices; geopolitical factors provided long-term support for a rebound.

11-06 17:10

Oil prices hover around $90: Strait transit risks and diplomatic progress become key variables.

11-06 16:22

Oil prices rebounded in the short term: Ship attacks increased risk, and the congressional defense spending ceiling suppressed long-term gains.

11-06 15:54

The USD/CAD pair is poised for its second consecutive gain, supported by safe-haven demand ahead of US and Canadian employment data releases.

11-06 15:34

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