Morgan Stanley Names 3 Supports for Gold After a 3.8% Slide This Year
Morgan Stanley still favors gold on a 12-month view, even after the metal slid toward a seven-week low this week. Amy Gower, its head of metals and mining strategy, named 3 factors that could support prices. Spot gold held near $4,176 on Thursday after a sharp sell-off on Monday. The metal is now down about The post Morgan Stanley Names 3 Supports for Gold After a 3.8% Slide This Year appeared first on BeInCrypto.
Key Takeaways
- Morgan Stanley still favors gold on a 12-month view, even after the metal slid toward a seven-week low this week.
- Amy Gower, its head of metals and mining strategy, named 3 factors that could support prices.
- Spot gold held near $4,176 on Thursday after a sharp sell-off on Monday.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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