Morgan Stanley Predicts Gold to Reach $2,700 in Q4; Goldman Sachs Ups Target

Reported 3 days ago

Gold prices are nearing $3,000 per ounce with differing forecasts from Wall Street. Goldman Sachs has raised its prediction for gold prices to $3,100 per ounce, citing strong central bank purchases, while Morgan Stanley anticipates a drop to $2,700, attributing their forecast to the potential for decreased demand and increased supply from recycling. The market remains influenced by tariff uncertainties and global geopolitical tensions.

Source: YAHOO

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