Morgan Stanley Sets Aggressive $4,500 Gold Target Amid Global Uncertainty
Morgan Stanley has released a notably aggressive forecast, projecting that the price of gold will soar to an unprecedented $4,500 per ounce by 2026. This prediction is highly significant, positioning the esteemed global investment bank far ahead of many conservative market estimates and signaling a fundamental shift in its long-term view on safe-haven assets. Such a dramatic rise suggests Morgan Stanley anticipates a perfect storm of powerful macroeconomic drivers converging over the next two years.
The core of this optimistic outlook likely rests on sustained, elevated inflation that central banks may struggle to contain, forcing a pivot toward significantly looser monetary policy. An environment of falling real interest rates, coupled with a weakening U.S. dollar, traditionally provides the most potent catalyst for gold rallies. Furthermore, the forecast accounts for escalating geopolitical fragmentation and continued de-dollarization efforts. The ongoing, high-volume gold accumulation by central banks, aiming to diversify reserves away from fiat currency volatility, is expected to continue absorbing global supply, adding immense upward pressure on the price of the precious metal as it cements its role as a key financial hedge against systemic instability.
