Core Insights - Morgan Stanley has set the price for fine gold at $4,500 per 1000 grams [1][2] Group 1 - Morgan Stanley's valuation of fine gold indicates a significant price point in the precious metals market [1][2]

Core Viewpoint - Gold prices are experiencing flat movements in Asian trade due to shifting market expectations regarding the Federal Reserve's next monetary policy and strong demand from central banks [1] Group 1 - Market expectations for the Federal Reserve's monetary policy are influencing gold price movements [1] - There is solid demand for gold from central banks, contributing to the current indecision in gold prices [1]

Group 1 - Gold futures have increased by 0.7% after a significant decline of nearly 8% from a record high of $4,359.40 per troy ounce set on October 20 [1][2] - The market sentiment has shifted from exuberance to reflection, indicating a more cautious approach among investors [1] - There is uncertainty regarding how much of the supportive factors for gold in 2025, such as U.S. trade policy uncertainty and strong central bank demand, are already priced into futures [2] Group 2 - Speculation exists that further upside for gold prices is likely, but the timing of this potential increase remains uncertain [2]

Group 1 - The article discusses the price of gold, which is currently at $4,900 [1][2] - The gold market is experiencing significant trading activity, with a reported volume of 99,008,881 [1] Group 2 - Ernest Hoffman is identified as a Crypto and Market Reporter for Kitco News, with over 15 years of experience in market news [3] - Hoffman has a background in journalism and has contributed to various media and educational organizations [3]