-
Morgan Stanley sees gold prices climbing to $5,200 despite geopolitical volatility
The gold market is seeing some renewed momentum, with prices testing new resistance at $4,700 an ounce. While it still has some way to go to regain key price levels, one investment bank expects prices to eventually move higher. In her latest precious metals note, Amy Gower, Morgan Stanley Research’s Metals & Mining Commodity Strategist at Morgan Stanley, reiterated her call for gold prices to end the year around $5,200 an ounce, up roughly 10% from current prices. Gower added that she is not surprised gold has struggled in recent months despite heightened geopolitical uncertainty from the ongoing war in Iran. ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From abs.gov.au|May 6, 2026The seasonally adjusted balance on goods decreased $6,867m in March. • The March month balance on goods is a seasonally adjusted deficit of $1,841m, the first deficit since ...
From finance.yahoo.com|May 6, 2026Chicago Federal Reserve president Austan Goolsbee cautioned Wednesday that amid expectations for an AI-led boom, if massive business investment and consumer spending occur before ...
From fxdailyreport.com|May 6, 2026Gold prices returned to $4,700 per ounce for the first time in almost a month. The yellow metal has struggled throughout the war in Iran, despite being a safe-haven asset. ...
-
- Newer Stories
From kitco.com|May 6, 2026Progress on a potential peace agreement between the U.S. and Iran has shifted geopolitically sentiment and breathing new life into gold and silver; however with prices still below ...
From fxdailyreport.com|May 6, 2026Coinbase, the well-known crypto exchange, is entering the world of commodities with gold and silver. Coinbase is launching the silver (SILVER-PERP) and gold ($GOLD-PERP) perpetual ...
From goldsilver.com|May 6, 2026Gold is trading near $4,700 today — evidence that gold is decoupling from geopolitics in real time. It held Wednesday’s 3% peace deal rally even after Axios reported that US ...
- Story Stats
- May 6, 2026 8:53pm Posted byFundamental Analysis234
- Instrument:
