Gold price will break $5,000/oz in H2 2027, and silver’s run to $120 was driven by more than hype – Morgan Stanley’s Gower

(Kitco News) – Gold prices may be under pressure at the moment, but ETF and central bank demand has stayed strong, and the yellow metal will be trading back above $5000 per ounce within a year, according to Amy Gower, head of metals and mining strategy at Morgan Stanley.In a recent interview with CNBC, Gower acknowledged that the current environment was a challenging one for gold.