The Story
News Summary
- Gold surged 17% in August to hit $4,700, driven by soft U.S.
- economic data, a weaker dollar, and strong central bank demand.
- Morgan Stanley projects prices will exceed $5,000 by 2027, though short-term volatility from inflation and profit-taking is expected.
Explore XAUUSD price history & advisor snapshot
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Stored market data
XAUUSD price history
4363.30
-8.45% over the displayed period
Advisor Snapshot
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