Dec 16 : Morgan Stanley on Tuesday projected gold costs would see smaller beneficial properties in 2026 as central banks and exchange-traded funds scale back purchases, however anticipated charge cuts and a weaker dollar would maintain upward momentum.
The financial institution forecast gold costs at $4,800 an oz. by the fourth quarter, citing stronger Chinese retail demand, heightened central financial institution shopping for and world progress considerations as amongst optimistic components.
Silver is predicted to lag gold, with 2025 marking a peak deficit amid falling photo voltaic installations in 2026.
Morgan Stanley forecasts platinum at $1,775 an oz. and palladium at $1,325 an oz. in 2026, reflecting structural imbalances and ranging demand drivers.