Reported 5 days ago
An analyst from Morgan Stanley Wealth Management has revised the outlook for gold and silver, predicting significant price increases by 2025 due to rising central bank demand and economic uncertainties. With gold's price climbing to approximately $2,631.90 and silver to $29.968 in late 2024, projections suggest gold could reach $3,000 an ounce and silver's supply challenges may cause price volatility. As economic indicators fluctuate, hard assets like gold and silver are seen as reliable hedges against inflation and market downturns.
Source: YAHOO