Morgan Stanley forecast gold would hit $4,800 per ounce by the fourth quarter of this year, exceeding last year’s records, citing falling interest rates, a change in leadership at the Federal Reserve, and buying by central banks and funds.
The dollar remained weak on Thursday amid policy uncertainty, though supportive comments from the White House and European officials offered some respite. Investors interpreted the
Persistent Systems stock sees a dip despite positive analyst outlook. The company is on track to meet its revenue guidance of $2 billion by FY27.
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