Looking for a sign to put off buying an engagement ring? This just might be it.

Citigroup is predicting gold to slump below $3,000.

Michael Dalder/Reuters

• Citigroup predicts that gold prices will drop below $3,000 per troy ounce.
• Analysts said they foresee the metal will return to as low as $2,500 by the second half of 2026.
• The expectation is based on Federal Reserve rate cuts and slowing investment demand.

If you're in the market for some new gold jewelry, then it may be well worth waiting until next year.

According to analysts at Citigroup...