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Morgan Stanley: Stablecoin Companies Increase Gold Purchases, Gold Faces Upside Risks
Summary: According to sources, Morgan Stanley's analysis suggests that with expectations of interest rate cuts continuing and a weak US dollar making a comeback, gold is expected to receive macro support, potentially rising to $4800 per ounce by the fourth quarter of 2026. Due to central banks increasing gold purchases, global growth concerns, and stablecoin companies ...
According to sources, Morgan Stanley's analysis suggests that with expectations of interest rate cuts continuing and a weak US dollar making a comeback, gold is expected to receive macro support, potentially rising to $4800 per ounce by the fourth quarter of 2026. Due to central banks increasing gold purchases, global growth concerns, and stablecoin companies ramping up gold acquisitions, gold faces upside risks. Investment demand for silver is likely to remain dominant, with the possibility of physical squeeze in low inventory conditions.
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Link: Morgan Stanley: Stablecoin Companies Increase Gold Purchases, Gold Faces Upside Risks [Copy]
