Gold could top $5,000 by next year, Morgan Stanley says
Reported by Seeking Alpha · seekingalpha.com · August 20, 2026
Morgan Stanley said Thursday that gold prices have hit its Q4 price target sooner than anticipated and could climb above $5,000 by 2027, although the path likely will prove volatile.
What the tape says
What to watch: Morgan Stanley (MS, TGT) had its price target revised toward $5,000 — a single analyst move is a data point, not a thesis on its own.
Market reaction today: $MS -0.06%
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