Gold price will break $5,000/oz in H2 2027, and silver’s run to $120 was driven by more than hype – Morgan Stanley’s Gower - Kitco
Gold price will break $5,000/oz in H2 2027, and silver’s run to $120 was driven by more than hype – Morgan Stanley’s Gower - Kitco
Source: Kitco
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DW NOTE
Morgan Stanley's Gower now says gold will hit $5,000 by late 2027 — eighteen months after it already traded there in January. Gold peaked at $5,318 in January 2026 during the opening phase of the Iran war, then fell 21.4% to $4,181 as the Fed raised rates and the shock premium bled out. Silver topped at $115 and now trades at $60. The analyst is forecasting a return to levels the market has already rejected.