Morgan Stanley Names 3 Supports for Gold After a 3.8% Slide This Year

Crypto Insight Summary: Morgan Stanley still favors gold on a 12-month view, even after the metal slid toward a seven-week low this week. Amy Gower, its head of metals and mining strategy, named 3 factors that could support prices. Spot gold held near $4,176 on Thursday after a sharp sell-off on Monday. The metal is now down about Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Gold outlook remains stable despite short-term volatility, with limited direct crypto impact.