CoinScoopMorgan Stanley Maintains Bullish Outlook on Gold Despite Recent Decline
Morgan Stanley continues to favor gold over a 12-month horizon despite a 3.8% decline this year and a recent drop toward a seven-week low. Amy Gower, head of metals and mining strategy, identified three key factors expected to support gold prices. Spot gold was trading near 4,176 dollars on Thursday following a significant sell-off earlier in the week.
Summaries are written by AI from the original article. Not investment advice.