Morgan Stanley Raises Gold and Silver Forecasts

Source:

"Morgan Stanley has revised up its 2011 forecast for gold and silver prices by 8% and 15%, respectively."

Professional Advisor, Heidi Lee

Morgan Stanley has revised up its 2011 forecast for gold and silver prices by 8% and 15% respectively on concerns about contagion risks from European debt crisis and continued uncertainty over the U.S. macroeconomic outlook.

It raised its 2011 forecasts for gold and silver prices to $1,511 and $36.21 from $1,401 and $31.39 per ounce respectively. . .View full article

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