Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Gold Price Target Cut To $5,200 As Morgan Stanley Lowers 2026 Forecast After Weeks Of Losses

Gold Morgan Stanley Michael Burry United States Bitcoin
Gold price crash could be also linked to Bitcoin, according to Michael Burry. (Credit: MIchael Steinberg : Pexels)

Gold futures hovered around $4,717 per ounce during premarket hours on Thursday and fell by 1.4% in the past five days. Gold prices crashed after a record rally and have been facing downward pressure after six weeks of sell-off amid the back-and-forth with the US-Iran war.

Gold prices fell further this week after US President Donald Trump said the US has extended the ceasefire with Iran. Amid these developments and gold price fluctuations, Morgan Stanley advised investors to cut back their expectations for the precious metal.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Travis Barker loved Kourtney Kardashian 'for years' before they started dating
Travis Barker had loved Kourtney Kardashian "for years" before they got together romantically.
BANG Premier
BANG Premier
Victoria Beckham, ‘duck face’ and onesies: nine things Zoolander predicted about fashion
It’s been 25 years since the release of Ben Stiller film that skewers an industry that famously takes itself very seriously. It might have been comedy gold, but it also predicted our fashion-saturated 21st century
The Guardian - UK
The Guardian - UK
Cannabis doesn’t make you violent – despite what recent reports have claimed
In what looked like a return to the dark days of Reefer Madness – a 1936 film that portrayed cannabis as a drug that could drive people to madness and murder – a recent article in the Daily Telegraph claimed that cannabis users are “twice as likely to be violent”.
The Conversation
The Conversation
Kelly Clarkson is nobody's idol
A fight with Brooklyn small business Art of Play reveals the dark side of celebrity worship
Salon
Salon
‘A powerful act of imagination and self-affirmation’: experts on how to start writing a book
Thinking about writing a book and doing it are two very different things – so how to get started and follow through?
The Guardian - US
The Guardian - US
'Wicker' Fantasy Goes Viral Ahead of Film Release as OB-GYN Warns: 'Not Designed for Receiving Trees'
An OB-GYN has warned against using wicker or other plant-based materials as sex objects after the unusual premise of the fantasy film 'Wicker' sparked a viral online trend ahead of its release.
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play