PRECIOUS METALS | Citigroup: Gold Selling Pressure Likely to Remain Strong Amid Middle East Uncertainty

Citigroup has indicated that the ongoing uncertainty in the Middle East is expected to maintain strong selling pressure on gold in the short term. According to Jin10, the geopolitical tensions in the region are influencing market dynamics, potentially affecting investor sentiment and commodity prices. The situation remains fluid, and market participants are closely monitoring developments to assess their impact on gold trading.