摩根士丹利：黄金价格或升至5700美元

Core Viewpoint - Morgan Stanley predicts that gold prices are expected to rise to $5,700 per ounce in the second half of the year, driven by geopolitical uncertainty, continued central bank purchases, and strong ETF demand [1] Group 1: Central Bank Actions - Central banks, represented by countries like Poland, are increasing their gold reserves even when gold prices are high [1] - The ongoing purchases by central banks are a significant factor supporting gold prices [1] Group 2: Market Demand - Strong physical gold demand is anticipated, particularly if the Federal Reserve begins to cut interest rates in 2026 [1] - The demand from ETFs is also highlighted as a contributing factor to the expected rise in gold prices [1]