Morgan Stanley says it has turned more neutral on gold

Author: Eamonn Sheridan | Category: News

The investment banks says it turned 'more neutral' on gold, citing the Fed's actions having been priced in 

  • Fed policy baked in
  • adds they are now bullish on silver citing an expected recovery in industrial demand later in 2019
  • USD1290/oz in Q2 2019
  • 1300 in Q3
  • 1350 in Q4

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