Morgan Stanley: Stablecoin companies are increasing gold purchases, and the price is expected to rise to $4,800 per ounce by Q4 2026
According to Deep Tide TechFlow, on December 16, as reported by Golden Ten Data, Morgan Stanley published an analysis stating that with expectations of interest rate cuts continuing and the US dollar index expected to weaken again, gold is likely to continue receiving macro-level support and could rise to $4,800 per ounce by the fourth quarter of 2026. "We believe that due to central banks stepping up gold purchases, concerns over global growth, and stablecoin companies increasing their gold buying, there are upside risks for gold."
Investment demand for silver is likely to remain dominant, and with inventories running low, there is a possibility of a physical short squeeze occurring.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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