Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>M Stanley Remains Bullish on Gold Mkt Outlook, Expects Gold Price to Be USD5,200/ Ounce in 2H26
Recommend 4 Positive 1 Negative 4 |
||||
|
||||
|
Since the start of the Middle East conflict, gold prices experienced a sell-off, prompting investors to question its safe-haven role, Morgan Stanley released a research report saying. The broker believed that the weakness in gold prices reflects the type of shock rather than a loss of its safe-haven appeal. While gold may remain sensitive to real yields, Morgan Stanley saw further upside room ahead. A supply shock brings different implications for interest rates than a demand shock, and the relationship between gold and real yields is reverting, Morgan Stanley added. Physical selling by central banks and ETFs has created additional pressure, but such conditions are easing. The broker remained optimistic on the outlook and forecasted gold prices to reach US$5,200 per ounce in 2H26. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
