Jin Shi Shu Ju·2025-07-16 07:36Group 1 - Morgan Stanley, Goldman Sachs, and UBS suggest that gold is one of the best investment options following the recent tariff announcements by the Trump administration [1] - Morgan Stanley's analysts expect a weaker dollar to benefit commodities and rising US inflation to attract funds into precious metals, with Chinese policies potentially acting as a bullish factor [1][2] - Morgan Stanley has raised its fourth-quarter gold price target to $3,800 per ounce, citing support from central bank and investment demand, a weaker dollar, ETF inflows, and ongoing geopolitical and macroeconomic uncertainties [3] Group 2 - Goldman Sachs reaffirms its forecast that gold prices will reach $3,700 per ounce by the end of the year and rise to $4,000 by mid-2026, supported by central bank and ETF inflows [3][4] - UBS recommends buying gold as a hedge against policy risks, despite viewing the recent tariff increases as a negotiation tactic [4] - UBS analysts predict that the effective US tariff rate will stabilize around 15%, which is less than the recently announced rates of 30% to 35%, supporting continued gains in the S&P 500 [4]