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<Research>M Stanley Raises 4Q Gold Price Forecast to US$3,800, Prefers Gold/ Silver/ Copper Futures
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Further weakening USD should provide a tailwind for commodities, Morgan Stanley released a research report saying. Rising inflation in the US could also attract capital inflows, and any economic stimulus policies from China would be an unexpected positive factor for the industry. However, US tariffs posed growth risks as the front-loading effect gradually faded. The broker preferred gold, silver and COMEX copper futures. Morgan Stanley raised its 4Q25 gold target price to US$3,800 per ounce, with demand supported by central bank and investment demand, driven by a weaker USD, ETF buy order and ongoing backdrop of uncertainty, while jewelry demand may recover as consumers adapt to higher prices. AASTOCKS Financial News Website: www.aastocks.com |
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