Short-term sentiment cools, international investment banks lower gold price targets
International investment banks have lowered their price targets for gold, with Citi predicting a price of $4300/ounce within three months. Despite a recent downturn, many institutions maintain a positive long-term outlook for gold prices. Separately, Chinese e-commerce giant JD.com is reportedly considering a potential acquisition of the UK online retailer The Very Group for approximately £2 billion. AI
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