Morgan Stanley Forecasts Gold Prices Surpassing $2,600 by Year-End Morgan Stanley predicts that gold prices could exceed $2,600 per ounce by the fourth quarter of 2024, driven by a significant increase in central bank purchases and strong retail demand, particularly from China. The price of gold has already risen 50% from its 2022 lows and 25% since February, with continued inflows into gold ETFs suggesting robust investor interest. While the market faces volatility due to potential U.S. recession fears, the strategists believe that financial flows will support further price increases, especially as the Federal Reserve is expected to cut interest rates. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Prices Continue to Drop as US Crude Stockpiles Surge READ MORE Goldman’s $2,175 Target READ MORE Precious Metals on a Winning Streak: Time for a Hard Money Heat Check READ MORE Hedge Fund That’s Up 227% Makes Bet on Gold READ MORE Investors Flock to Safe Havens After Trump Assassination Attempt READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment