[Citi: Maintains Short-Term Gold Price Forecast at $4,500] According to Golden Finance, on July 28, Citi maintained its 0-3 month short-term gold target price at $4,500 per ounce. This target assumes an easing of tensions in the Strait of Hormuz and a less hawkish stance from the Federal Reserve. However, there are still numerous short-term risks that could lead to another dip in gold prices, including significant escalations, AI-driven risk-off operations, and the Federal Reserve maintaining a hawkish stance.