【Citigroup: The Negative Outlook for the U.S. Economy Will Drive Gold Prices Moderately Higher】Golden Finance reports that Citigroup has raised its gold price forecast for the next three months from $3,300 to $3,500 per ounce, and the expected trading range from $3,100-$3,500 to $3,300-$3,600, as it believes that the recent outlook for U.S. economic growth and inflation has worsened. The bank stated: "Concerns about U.S. economic growth and tariff-related inflation will continue to intensify in the second half of 2025, coupled with a weaker dollar, which will drive gold prices moderately higher, reaching historical highs." Citigroup also emphasized that weaker U.S. employment data in the second quarter of 2025 will raise concerns about the credibility of the Federal Reserve and U.S. statistical data, as well as the rising geopolitical risks associated with the Russia-Ukraine conflict. Citigroup estimates that total demand for gold has increased by more than one-third since the middle of 2022. (Golden Ten)