Analysts at Morgan Stanley offer their outlook on Gold, noting that they have turned more neutral on the yellow metal. Key Quotes: “Turned ‘more neutral’ on gold, citing the Fed’s policy baked in. Now bullish on silver on an expected recovery in industrial demand later in 2019. Gold prices seen at USD 1290/oz in Q2 2019, 1300 in Q3 and 1350 in Q4. Further reason cited: The buying by central banks is supportive for gold. They’ve bought 126 tons in the first quarter of 2019. China, Turkey, Russia are adding to their reserves.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/JPY Technical Analysis: Bear flag seen on the hourly chart FX Street 4 years Analysts at Morgan Stanley offer their outlook on Gold, noting that they have turned more neutral on the yellow metal. Key Quotes: "Turned 'more neutral' on gold, citing the Fed's policy baked in. Now bullish on silver on an expected recovery in industrial demand later in 2019. Gold prices seen at USD 1290/oz in Q2 2019, 1300 in Q3 and 1350 in Q4. Further reason cited: The buying by central banks is supportive for gold. They've bought 126 tons in the first quarter of 2019. China, Turkey, Russia are adding to their reserves." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
