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Citi prefers gold over copper

Bank lays out its commodity forecasts for the home stretch of 2022

Kristie Batten
Image: iStock/Oselote

Image: iStock/Oselote

Analysts are bearish on copper, downgrading their three-month forecast price from US$7500 per tonne (which is around current levels) to just $6200/t or $2.80 per pound. "We have been bearish on copper...

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