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Gold price will break $5,000/oz in H2 2027, and silver’s run to $120 was driven by more than hype – Morgan Stanley’s Gower
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(Kitco News) – Gold prices may be under pressure at the moment, but ETF and central bank demand has stayed strong, and the yellow metal will be trading back above $5000 per ounce within a year, according to Amy Gower, head of metals and mining strategy at Morgan Stanley.In a recent interview with CNBC, Gower acknowledged that the current environment was a challenging one for gold.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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