Can Silver Catch Up with Gold's Momentum? Morgan Stanley Predictions

Striking Predictions in Gold Prices

Morgan Stanley, in its recent report, predicts that the reduction in purchases by central banks and exchange-traded funds will force gold prices to achieve more modest gains throughout 2026. However, expected interest rate cuts and a weakening dollar are anticipated to create upward momentum in gold prices.

Forecasted Gold Price for 2026

The bank expects gold prices to be at $4,800 per ounce in the fourth quarter. This prediction paints a positive picture as a result of strong Chinese retail demand, increased central bank purchases, and global growth concerns.

Expectations in the Silver Market

Meanwhile, a more cautious approach is being taken regarding silver. It is believed that silver will not perform as strongly as gold. Within 2026, the anticipated decline in solar energy installations is expected to negatively impact silver demand. Particularly, 2025 is evaluated as the peak year for open installations in the solar energy sector.

Platinum and Palladium Price Predictions

Morgan Stanley also anticipates that platinum will be at $1,775 per ounce and palladium at $1,325 in 2026. These predictions reflect structural imbalances in the metal markets and changing demand dynamics.

In summary, gold and silver markets will shape differently in the coming years. Investors will need to develop the right strategies amid this situation.