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[Morgan Stanley: Gold’s hedging role needs to be repositioned and remains the first choice for metal assets] On October 27, the price of gold fell from US$5,600 per ounce at the beginning of this year to recently falling below US$4,000 per ounce. Despite the weak short-term trend, Morgan Stanley stated that it will maintain gold as the preferred metal asset and set a target price of US$5,000 per ounce in the second quarter of 2027.
gold 🕐 2026-10-27 21:27
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