Analysts See Gold’s Surge as Structural, Not Speculative

[madmax]

Despite whale profit-taking, analysts argue the surge in gold reflects structural demand rather than speculative trading.

Ole Hansen, Saxo Bank strategist, highlighted that supply shocks, geopolitical tensions, and central bank accumulation underpin the rally. He noted that short-term dollar strength or position unwinds may cause temporary pullbacks but don’t threaten the long-term drivers.

Shanaka Anslem, macro analyst, framed gold’s rally as a repricing event amid cascading institutional failures, with central banks including China, India, Turkey, and Poland accumulating heavily. Gold is increasingly seen as the only zero-counterparty-risk asset in a fragile global system.

[tradelikepro]

gold = zero-counterparty-risk asset is literally why people flock here during messy markets