Morgan Stanley Raises Gold and Silver Forecasts
Source: Professional Advisor, Heidi Lee (8/5/11)
"Morgan Stanley has revised up its 2011 forecast for gold and silver prices by 8% and 15%, respectively."
Professional Advisor, Heidi Lee
Morgan Stanley has revised up its 2011 forecast for gold and silver prices by 8% and 15% respectively on concerns about contagion risks from European debt crisis and continued uncertainty over the U.S. macroeconomic outlook.
It raised its 2011 forecasts for gold and silver prices to $1,511 and $36.21 from $1,401 and $31.39 per ounce respectively. . .View full article
Morgan Stanley has revised up its 2011 forecast for gold and silver prices by 8% and 15% respectively on concerns about contagion risks from European debt crisis and continued uncertainty over the U.S. macroeconomic outlook.
It raised its 2011 forecasts for gold and silver prices to $1,511 and $36.21 from $1,401 and $31.39 per ounce respectively. . .View full article