Money Maestro | Gold price on its way down, what now?

Gold has witnessed a notable slump in recent weeks, reminding market participants that even quintessential safe-haven assets are not immune to sharp corrections. Despite ongoing geopolitical friction, bullion has retreated sharply from historic peaks, prompting critical questions regarding the durability of its broader bull cycle. A convergence of macroeconomic headwinds, from sticky US inflation to technical liquidations, has driven the sell-off. For portfolio managers, distinguishing between a brief cyclical pullback and a fundamental trend reversal remains vital for navigating commodity allocations.