Morgan Stanley forecasts gold at $4 800 by the fourth quarter of 2026 | Metals Mine

  • Morgan Stanley forecasts gold at $4 800 by the fourth quarter of 2026

    From miningweekly.com

    Morgan Stanley forecast gold would hit $4 800 per ounce by the fourth quarter of this year, exceeding last year's records, citing falling interest rates, a change in leadership at the Federal Reserve, and buying by central banks and funds. In a note dated January 5, it also said events in Venezuela over the weekend were likely to attract buyers to gold as a safe haven but did not specify this as a reason for its $4 800/oz forecast. Bullion touched a record high of $4 549.71/oz on December 26, and ended 2025 with a gain of 64%, its best annual performance since 1979. Traders view gold as a safe store of value during ... (full story)

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