Gold’s been mauled this week as commodities sank to a 13-year low. It may get a lot worse, according to Morgan Stanley, which said that under its worst-case scenario bullion may tumble to $800 an ounce.


To get there requires U.S. policy makers to start raising interest rates, another correction in China’s stock markets and a selldown of reserves by central banks, analysts including Tom Price said in a report.