______1695
2025-10-02
I still dont think gold would be a good hold
Gold Dips On De-Escalation: Would You Take Profit Now?
Gold pulled back in early trading after easing U.S.–Europe tensions over Greenland. Donald Trump said on Truth Social that a framework for a future Greenland agreement has been formed, adding that he would no longer impose new tariffs on certain European countries. The de-escalation triggered short-term profit-taking in Gold. Still, Goldman Sachs raised its December 2026 gold forecast from $4,900 to $5,400/oz. With Goldman lifting its 2026 target, how attractive is gold on dips from here? As geopolitics cool temporarily, will you rotate out of gold?
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