Morgan Stanley Predicts Gold Prices to Hit $4,800 by 2026
Morgan Stanley forecasts gold will reach $4,800 per ounce by the fourth quarter of 2026, driven by falling interest rates, Federal Reserve changes, and central bank buying. This follows gold's record performance in 2025, marking a 64% annual gain.
Insights:
Morgan Stanley has issued a bold forecast, predicting that the price of gold will rise to $4,800 per ounce by the fourth quarter of 2026. This projection comes on the heels of gold's remarkable performance in 2025, where it achieved a 64% annual gain and reached a record high of $4,549.71 per ounce on December 26. The financial institution cites several structural market conditions as drivers for this anticipated surge, including falling interest rates, a change in leadership at the Federal Reserve, and increased buying from central banks.
