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Gold price outlook: Bullion may be near its peak as global tailwinds fade; Citi, BMI and Motilal warn of downside after 40% rally
After a significant surge, gold prices face potential headwinds as analysts from Citi, BMI, and Motilal Oswal express caution. Shifting macroeconomic conditions, including potential Fed rate cuts and stronger global growth, could diminish gold's safe-haven appeal. While geopolitical risks persist, a stronger dollar and higher bond yields may further pressure prices, leading to a possible correction.
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