Group 1 - Morgan Stanley predicts that gold prices will reach $6,300 per ounce by the end of 2026, raising its long-term price forecast to $4,500 per ounce [1] - The bank previously adjusted its 2026 gold price forecast from $5,400 to $6,300 per ounce earlier in February [1] - The key factor supporting the bullish outlook is the sustained demand from global central banks, with an estimated total gold purchase of approximately 863 tons in 2025 [1] Group 2 - Investor inflows into gold are accelerating, with rising gold ETF holdings and strong demand for bullion and coins as investors seek to hedge against macroeconomic and geopolitical risks [2] - Morgan Stanley believes that while the environment for gold is becoming more challenging, it has not yet reached a critical point where structural price increases would collapse under their own weight [2] - The overall backdrop remains favorable for gold, with a clear, structural, and sustained diversification trend supporting a bullish outlook in the medium term [2]
摩根大通重磅预测，2026年底黄金将飙至6300美元，长期目标价上调至4500美元
Jin Rong Jie·2026-02-25 08:16