Gold Dips On De-Escalation: Would You Take Profit Now?

I haven’t really been following gold prices for a while—not because I don’t care, but because I never planned to buy. So when I saw that gold pulled back in early trading after U.S.–Europe tensions over Greenland eased, I mostly just shrugged. Donald Trump posted on Truth Social that a framework for a future Greenland agreement is in place, and he won’t be imposing new tariffs on certain European countries. That kind of news usually sends gold traders scrambling to take short-term profits, and sure enough, that’s exactly what happened.

Part of me feels curious—I love watching markets move—but another part of me feels relieved that I’m not in the game. I wish for no conflicts, no tensions, no crises anywhere in the world. I want calm headlines, not ones that spike gold prices or rattle markets. Call me human, but I’d rather hope for peace than invest in fear. That’s why, even with Goldman Sachs raising their December 2026 gold forecast from $4,900 to $5,400 per ounce, I’m staying on the sidelines.

I can see why traders might swoop in on dips like this. Gold has a way of drawing attention whenever geopolitics gets messy. But watching from the outside, it’s almost like a spectator sport—I can see the swings, the profit-taking, the forecasts, without feeling the pressure to jump in myself. There’s a strange freedom in that, actually. I’m free to follow the story without putting my money at risk.

Investing isn’t just about chasing trends; it’s about knowing my own comfort zone. For me, that means no gold purchases, at least for now. I’m okay with letting the metal do its thing while I focus on staying aligned with my own perspective—hoping for calm and stability rather than profiting from fear.

So, would I take profit now if I were invested? Honestly, I can’t say—I’m not holding any. But I get why others would: dips, bullish forecasts, and short-term volatility can be tempting. For me, the bigger win is peace of mind. I’ll watch the market ripple, learn from it, and hope for a world where gold doesn’t have to climb on bad news to be valuable.