Should You Buy The Dip In Gold Now Or Wait?

Market Volatility Creates Lucrative Opportunities for Traders

Once again, these incredible market moves have presented savvy traders with a series of highly lucrative opportunities to profit from the parabolic rally as well as the huge price reversal that has subsequently followed.

As the famous saying goes, “buy low, sell high” – And that’s exactly the trend that we’re seeing play out right now, which is why a long list of the world’s most powerful Wall Street banks have dubbed the current economic climate as “The Golden Age of Trading”.

Is the Rally Over and Has All the Money Been Made?

Not by a long shot!

According to analysts at GSC Commodity Intelligence – once you take a look at the bigger macro picture, conclusive evidence shows that the stars appear to be aligning for Gold.

The precious metal being firmly supported by “a multitude of bullish tailwinds” including escalating geopolitical tensions in the Middle East.

Growing instability in China’s economy, which as forced Beijing to launch its most aggressive economic stimulus package since the 2008 Global Financial Crisis.

Continued Gold purchases from Central Banks around the world and more specifically the BRICS Nations – as they look to rapidly diversify away from the greenback to prevent the U.S using the dollar as a political weapon.

The significance of this cannot be understated, especially since the BRICS nations represent 45% of the global population and 34% of the world’s GDP measured by purchasing power – making them a collective force to be reckoned with.

But perhaps the most bullish catalysts of all – Donald Trump’s return to the White House in January 2025 with his fiery and chaotic brand of “America First” policies including higher tariffs, increased government spending, massive tax cuts and an aggressive trade war with China over the next four years.

While President-elect Donald Trump has made no secret of his intentions in his second term, what remains less clear is how exactly the U.S is going to pay for his unprecedented mandate without triggering a “Second Wave of Inflation”.

Bottom Line

Whichever way you look at it, one thing is clear. The case for precious metals in a well-diversified portfolio has never been more obvious than it is right now. Any substantial pullbacks should be viewed as buying opportunities because prices won’t stay low for long!

For a look at all of today’s economic events, check out our economic calendar.