Morgan Stanley Sees Fed Cuts, Weaker Dollar Driving Gold

Core Viewpoint - The outlook for gold, silver, and platinum prices is influenced by potential Federal Reserve interest-rate cuts and a weaker dollar, which are expected to lead to above-average returns for commodities [1] Group 1: Market Outlook - The Federal Reserve is anticipated to implement interest-rate cuts, which could positively impact metal prices [1] - The dollar is expected to weaken further, with the FX team suggesting that the current decline is only about halfway through [1] - Historically, periods of dollar weakness correlate with strong performance in commodities, indicating a favorable environment for metal investments [1]