Morgan Stanley Sees Gold Prices Reaching $5,200/ounce by End of 2026
Morgan Stanley, an investment bank and securities company headquartered in the United States, continues to maintain a positive outlook on gold prices. The precious metal has been in a rising market for about 25 years, according to Mike Wilson, US stock strategy director and investment director of Morgan Stanley.
Despite warnings that the upward path will depend significantly on the monetary policy of the US Federal Reserve (Fed), real yields, the USD, and capital inflows into gold ETFs, Morgan Stanley still sets a target for gold prices to possibly rise to about $5,200/ounce by the end of 2026.
The bank assesses that gold's upward momentum is not a new phenomenon in 2026. In fact, many investors have only recently paid more attention to this trend since the beginning of this year, Wilson said.