Gold Steadies After Surging on Worries Over Fed Independence [Yahoo! Finance Canada]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Trump's intervention has threatened to undermine the Fed's ability to control inflation and weighed on markets, sparking the so-called debasement trade where traders sell the dollar and other assets vulnerable to political and fiscal shocks. His repeated attacks on the monetary authority were a major factor propelling gold to successive record highs last year. The yellow metal has built on that momentum to start 2026 on a strong footing, and many traders are confident in the metal's longer-term appeal. Citigroup Inc. upgraded its near-term outlook to see gold at $5,000 an ounce and silver at $100 an ounce in the next three months, given heightened geopolitical risks, physical shortages and renewed uncertainty about Fed independence. Spot gold fell 0.2% to $4,585.35 an ounce as of 9:04 a.m. Singapore time. The Bloomberg Dollar Spot Index was flat. Silver dropped 1.4% after surging by more than 6% on Monday. Most Read from Bloomberg Businessweek ©2026
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News
- Citigroup (NYSE:C) had its "neutral" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- Citigroup (NYSE:C) had its "outperform" rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $121.00 price target on the stock.MarketBeat
- Citigroup (NYSE:C) was given a new $135.00 price target on by analysts at Piper Sandler.MarketBeat
- Citigroup (NYSE:C) had its "overweight" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
- Citigroup (NYSE:C) was given a new $144.00 price target on by analysts at Oppenheimer Holdings, Inc..MarketBeat
C
Earnings
- 1/15/26 - Miss
C
Sec Filings
- 1/16/26 - Form 424B2
- 1/16/26 - Form 424B2
- 1/16/26 - Form 424B2
- C's page on the SEC website