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Futures
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VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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BTC Staking
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Morgan Stanley: Stablecoin companies increase gold purchases, with upside risk for gold
BlockBeats News, December 16 — Morgan Stanley published an analysis stating that with the continuation of rate cut expectations and the resurgence of a weak US dollar index, gold is expected to continue receiving macroeconomic support, potentially rising to $4,800 per ounce by Q4 2026. “We believe that due to central banks stepping up gold purchases, concerns over global growth, and stablecoin companies increasing their gold buying efforts, there are upside risks for gold.” Investment demand for silver is likely to remain dominant, and with low inventories, there is a possibility of physical short squeezing. (Jin10)